Barry Galvin, 58, whose idea sparked the creation of the highly successful CAB in 1986, has stepped aside to concentrate on his own private practice and has been replaced by another Corkman, Richard Barrett.
Chief Superintendent Felix McKenna, head of the CAB, paid tribute to Mr Galvin yesterday saying he was a trojan worker who “brought incalculable expertise to the organisation” during his seven years in the job.
“He was very popular within the organisation and was recognised by the courts for his expertise in receivership and dealing with property,” Chief Supt McKenna said.
During Mr Galvin’s tenure with CAB, Chief Superintendent McKenna said the organisation had frozen in excess of 50 million under the Proceeds of Crime Act; collected more than 46 million in tax demands and saved the Exchequer 2 million in benefit fraud.
He said during that time several major figures were targeted by CAB. They included Gerry Hutch, also known as The Monk, who had paid large tax demands. The assets of John Gilligan had also been frozen while both George Mitchell, aka The Penguin, and Corkman Tommy O’Callaghan had been forced to flee the country. Chief Superintendent McKenna said CAB had also targeted a number of foreign criminals living in Ireland and cross-border smugglers.