Tuesday, November 21, 2006

Louth couple have assets frozen in London

The High Court in London has granted a request from Northern Ireland's Assets Recovery Agency to freeze nine properties worth over £1 million in Manchester.

The ARA says the residential properties belong to Francis and Judy Murphy of Ballybinaby, Co Louth.

It alleges that the property was funded from money laundering, fuel smuggling and mortgage fraud.

Mr Murphy is the brother of the alleged senior member of the IRA, Thomas 'Slab' Murphy.
In October of last year, the ARA carried out raids in Manchester and seized documents in relation to 250 houses.

Watch the RTE report here.

 
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