Frozen €6m 'IRA account' handed over to State

The High Court has today directed that just a bank account containing just under €6m, believed to be the proceeds of the IRA, that has been frozen for more than 20 years be handed over to the State

Fri, 14 Mar, 2008 - 20:28

The High Court has today directed that just a bank account containing just under €6m, believed to be the proceeds of the IRA, that has been frozen for more than 20 years be handed over to the State.

In February 1985, an account containing more than IR£1.75m at a bank in Navan, Co Meath was frozen under the Offences Against the State Act on the grounds that the then Garrett Fitzgerald-led FG/Labour coalition Government believed the money was the property of an unlawful organisation.