Dealmakers behind transfer of James Mansfield’s luxury pad to Daniel Kinahan facing major sanctions
- Crime Editor
- 7:00, 24 May 2022
ANYONE who was involved in helping shamed businessman James Mansfield transfer his luxury pad to Daniel Kinahan could be hit with sanctions.
The warning was issued by Assistant Commissioner John O’Driscoll – who runs the gardai’s Organised and Serious Crime branch – as the High Court sits today over the Criminal Assets Bureau’s move to seize Mansfield’s home at 10 Coldwater Lakes in Saggart, west Dublin.
- The hearing will outline today whether or not Kinahan has been served with a summons at his bolthole in Dubai over CAB’s attempt to take control of the property under the proceeds of crime legislation.
- And the court case will also hear if caged kingpin Thomas ‘Bomber’ Kavanagh – who ran the cartel’s UK operations – has also been served with a summons in his jail cell.
Those who could be hit with sanctions include anyone who transported the deeds of the house to Kinahan and Kavanagh and those who were involved in transferring any funds in the property transaction.
Investigators from CAB accused Mansfield of giving the house to Kinahan and Kavanagh as part of a €4.5m repayment to the cartel.
Mansfield owed the money after he lost the gang’s cash in a number of failed property deals because of the recession.
Assistant Commissioner O’Driscoll – who has just returned from a meeting with American investigators as the global crackdown on the Kinagan gang continues – warned further companies could be hit with sanctions from the US Treasury Department.
The senior officer said: “When we look at CAB’s case this week, we will examine if any businesses or individuals were involved in any financial transactions involving the Kinahan Organised Crime Group.
“We will also look at if anyone or any company were involved in attempts to invest on behalf of this crime group.
“If it’s proven that any individual or company was involved in any type of transaction involving this group then they could also face economic sanctions.
“We are focused on criminal prosecutions that involve the ongoing liaison between the Garda National Drugs and Organised Crime Bureau, the Drugs Enforcement Administration, Europol, the National Crime Agency and wider cooperation between other law enforcement agencies.
“But our approach also involves targeting those companies and individuals who have links to this criminal organisation.”
Assistant Commissioner O’Driscoll added: “Any information received will be thoroughly analysed with our partners to establish how best we can use it in terms pf criminal prosecutions or sanctions.”
- The senior officer also outlined how information received from the €5m reward placed on the head of Daniel Kinahan, his dad Christy and younger brother Christopher could also be used against firms who have helped the cartel invest in various businesses around the world.