DONE DEAL | 

Kinahan Cartel weapons caretaker James Walsh agrees to hand over home to CAB

The house was sold for €340,000 last month, according to the Price Property Register.

Eamon Dillon

Yesterday at 11:36

Kinahan weapons cache caretaker James Walsh has cut a deal with the Criminal Assets Bureau to hand over the money made from the sale of his house in Dublin.

Walsh, who was freed from prison earlier this year, did not oppose a High Court case to have the Wheatfields Avenue house declared the proceeds of crime.

It’s the latest property stripped from members of the Kinahan cartel by the State, bringing the total to more than €1 million in the last 12 months.

The house was sold for €340,000 last month, according to the Price Property Register, and the money will now go to CAB after any outstanding mortgage loans are paid.

It emerged at the High Court earlier this month Walsh and his ex-partner Lisa O’Hara had consented to the CAB application.

A receiver from CAB has also been appointed by the court to take full control of the assets, bringing an end to the legal battle for Walsh.Lisa O’Hara had previously sought to get a hearing to apply for free legal aid to fight the case, but it was withdrawn.

Permission was later given to allow lawyers seek a motion to let the sale to go ahead.

O’Hara was convicted of her role in laundering gangland cash after it was heard in court she didn’t ask any questions about the source of the money.

The house was the scene of garda searches in 2017 following a raid at Greenogue Business Park, Rathcoole as detectives acted on information from their British colleagues investigating Thomas ‘Bomber’ Kavanagh’s (right) drugs gang.

Walsh was convicted of his role in a weapons stash organised by Bomber Kavanagh in 2016.There has been a relentless campaign to target any assets connected to members of the Kinahan cartel in Ireland.

The jewel in the crown was the sprawling country home of Ross Browning, described in the High Court at the Kinahans’ No1 man in Ireland.

It sold at auction for a bargain €550,000 with just one bid for the asking price in April’s online sale.

It was enough to secure the 3.5 acre property with two houses, stables and sheds in Garristown, north Dublin.

The only property so far confiscated by CAB with a direct link to Daniel Kinahan is No10 Coldwater Lakes in Saggart.

In November 2022 the High Court appointed a receiver to take control of the five-bed house that was valued at between €750k and €800k in 2013.