Court rules convicted drug dealer bought Cheltenham-winning horse with proceeds of crime

The High Court has ruled that a convicted drug dealer bought 90% of the Cheltenham-winning horse Labaik with the proceeds of crime.

In a case taken against John Boylan, 33, aka John Power, of Forest Hill, Rathcoole, Co Dublin, the court also found that a west Dublin property, refurbished at a cost of €630,000, a bank account containing €77,900, a mobile home worth €33,000, and a 2015 Mercedes Benz E Class were acquired with the proceeds of crime.