Court reserves judgment in CAB action over cars seized from Limerick car dealership

CAB claims the dealership was used by persons involved in criminality to launder significant amounts of money generated from the illegal drugs trade, and was involved in other criminal activity, including VAT fraud

CAB is seeking orders under Section 3 of the 1996 Proceeds of Crime Act in respect of €820,000 generated from the sale of vehicles the bureau seized from Stephen Bawn Motors Ltd, Old Ballysimon Road, Limerick, in March 2019.

The High Court has reserved its decision in application by the Criminal Assets Bureau to deem 111 cars and €20,000 seized from a Limerick car dealership as being the proceeds of crime.

CAB is seeking orders under Section 3 of the 1996 Proceeds of Crime Act in respect of €820,000 generated from the sale of vehicles the bureau seized from Stephen Bawn Motors Ltd, trading as Bawn Motors, Old Ballysimon Road, Limerick, in March 2019.