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Top IRA figure loses seized cash Top republican loses seized cash
(about 1 hour later)
The Republic's Criminal Assets Bureau has succeeded in confiscating more than 635,000 euros from alleged former IRA leader Thomas Slab Murphy and others. The Republic's Criminal Assets Bureau has succeeded in confiscating more than 635,000 euros from alleged former IRA leader Thomas 'Slab' Murphy and others.
The high court in Dublin gave the order on Friday.The high court in Dublin gave the order on Friday.
The judge said he was satisfied the money seized in a raid on Murphy's farm in County Louth in March 2006 was from the proceeds of crime.The judge said he was satisfied the money seized in a raid on Murphy's farm in County Louth in March 2006 was from the proceeds of crime.
The farm was also the address of Ace Oils Ltd and Murphy's brothers Frank and Patrick.The farm was also the address of Ace Oils Ltd and Murphy's brothers Frank and Patrick.
The cash, which was 435,000 euros and £150,000 sterling, will now be given to the Irish Exchequer.The cash, which was 435,000 euros and £150,000 sterling, will now be given to the Irish Exchequer.
Murphy, 56, is still facing tax offence charges.Murphy, 56, is still facing tax offence charges.
His brothers Patrick and Frank have reached tax settlements with the Criminal Assets Bureau for a figure understood to be over 1m euros.His brothers Patrick and Frank have reached tax settlements with the Criminal Assets Bureau for a figure understood to be over 1m euros.