Posted by CRIME WORLD |
Episode 226: Marcus Sweeney – The celtic tiger playboy who became a target for the Criminal Assets Bureau
Nicola Tallant discusses the CAB case against the former socialite and his alleged links to notorious crime gang
Today at 08:41
CELTIC tiger businessman Marcus Sweeney once appeared to be the man who had everything – successful investment interests, a fast car and Ireland’s most-beautiful model on his arm.
But this week, his final facade of respectability fell when a Judge described him as “up to his oxters’ in organised crime.
From his heyday as a Dublin restaurateur and partner of tragic Katy French to money laundering for heroin gangs like ‘The Family’, the fall of Sweeney was completed during a damning CAB case this week.
Nicola Tallant chats with Sunday World colleagues Niall Donald and Eamon Dillon as they discuss the Bureau cases against Sweeney, mob boss Owen Maguire and others.
The panel also catch up on what has been happening as the State completes its case against Gerry ‘The Monk’ Hutch.
https://player.agnoplay.com/embed/sundayworld-podcast?videoId=bqslD7hDuSwC
Judge describes well-known Celtic Tiger restaurateur as ‘up to his oxters’ in organised crime
Mr Sweeney (45), who ran Il Pomo D’Oro on South William Street before a receiver was appointed in 2007, did not appear in court
A High Court judge has described Celtic Tiger restaurateur Marcus Sweeney as “up to his oxters” in organised crime.
Mr Justice Alexander Owens made the comments when ruling on an application from the Criminal Assets Bureau (Cab) seeking to deem Co Meath lands linked to Mr Sweeney’s firm EWM Property Holdings Limited the proceeds of crime.
The judge said the bureau made out a “very compelling case” for him to rule that there was a “high degree of probability” that the site at Waynestown was acquired by EWM with crime proceeds.
The Cab alleged EWM purchased the land for €102,000 using, in part, cash from unknown sources, another investment company and from an innocent investor.
That money given by other investors was used for a different purpose meant the property was purchased with crime proceeds, the judge said. One of the investors, an apparent friend of Mr Sweeney’s, was “taken advantage of”, with money she intended to invest redirected, he added.
Crime Word Podcast can be found on Apple Podcasts, Spotify, Google Podcasts and Soundcloud.
Who Watches the Watchers? 