Kennedy arrested as part of CAB probe

BUSINESSMAN Jim Kennedy was arrested by the Criminal Assets Bureau (CAB) after he attended a court case involving an alleged €53 million “corrupt” land deal.

Wed, 20 Oct, 2010 - 01:00

Cormac O’Keeffe and Vivion Kilfeather

Kennedy, 63, left the country seven years ago but arrived back in the country for a High Court action. CAB is trying to recover funds from property company Jackson Way over alleged corrupt enrichment following the sale of 17 acres of farmland at Carrickmines in south Dublin. Kennedy and solicitor John Caldwell are the alleged beneficial owners of JWPL.

When Kennedy left court buildings he was followed by CAB officers and at 4.15pm he was arrested on Aaron Quay in Dublin city centre.