Couple suspected of fuel smuggling have assets seized

The North's Assets Recovery Agency has seized assets worth nearly £1.5m from a couple suspected of fuel laundering.

The property belongs to James and Patricia Molloy of Co Armagh who are suspected of fuel smuggling, false accounting and money laundering.

The Agency alleged in court that the Molloy’s had used their four businesses, two of which are based in the Republic, to launder the proceeds from fuel smuggling and to falsify records.

The court was also told that the couple have links to other fuel smugglers that the Agency have under watch.

Among the assets seized was a property in Craigavon, Portadown together with their two properties in the Republic.

Almost £100,000 and 23 commercial and private vehicles were also seized by the Agency.

This is the eighth case the body has taken on this year in relation to alleged smugglers and money launderers.