Judge rules that 'exotic' lifestyle of alleged Hutch gang associate was subsidised by crime proceeds

Delivering his judgment, Mr Justice Alexander Owens said that 'obviously quite large sums of money' were available to James ‘Mago’ Gately and his partner to live an 'exotic lifestyle'

The Criminal Assets Bureau had initiated the proceeds of crime case against the alleged Hutch gang associate and his partner Charlene Lam. File picture

The High Court has ruled that a house owned by gangland figure James ‘Mago’ Gately and his partner was “overwhelmingly the proceeds of crime”

Delivering his judgment, Mr Justice Alexander Owens said that “obviously quite large sums of money” were available to the couple to live an “exotic lifestyle”. This lifestyle was funded by the proceeds of crime, he said, along with a car and Rolex watch.