Case No. 22817Proceeds of crime (asset recovery) · Co. Louth · 18 Jan 2023

High Court rules assets linked to Drogheda brothers are proceeds of crime

The High Court ruled that 13 assets, including two properties, a Mercedes Benz, a transit van, €305,000 in cash and a €16,500 Rolex watch, linked to brothers Owen and Brendan Maguire of the Price-Maguire organised crime group, were proceeds of crime. The Criminal Assets Bureau's application under the 1996 Proceeds of Crime Act was granted by Mr Justice Alexander Owens on 18 January 2023.

  1. Reportednot reported
  2. Arrestednot reported
  3. Chargednot reported
  4. In court18 Jan
  5. Verdict
  6. Sentenced
reportedhappened, not reportedlatest stagenot yet

Key facts

consolidated from all reports
16 statements extracted from the articles
  • whatOwen Maguire was paralysed from the chest down after being shot in July 2018. (irishtimes.com)
  • whatThe CAB alleged Owen Maguire jointly controls and directs the Price-Maguire organised crime group. (irishtimes.com)
  • whatThe CAB alleged Brendan Maguire is a senior and active member of the group. (irishtimes.com)
  • whatThe group has been involved in several violent criminal feuds and gardaí believe some members were involved in murders. (irishtimes.com)
  • whatA €16,500 Rolex watch was among the seized assets. (irishtimes.com)
  • whatVarious sums of cash totalling €305,000 were seized from properties and a holding site. (irishtimes.com)
  • whatOwen Maguire used a vehicle recovery business as a front for his involvement in drug distribution. (irishtimes.com)
  • whereThe group allegedly controls drug distribution in the east and northeast, particularly in Drogheda but extending into Meath and Dublin. (irishtimes.com)
  • whereTwo properties were jointly purchased: one at Tullynaskeagh, Co Cavan, and the other in Garran, Co Monaghan. (irishtimes.com)
  • whereBrendan Maguire was served with the proceedings at an address in Rochdale, Manchester. (irishtimes.com)
  • whereDocuments were left at an address at Cement Road, Drogheda, for Owen Maguire. (irishtimes.com)
  • courtThe CAB successfully applied for orders under the 1996 Proceeds of Crime Act. (irishtimes.com)
  • courtThe judge made an order granting a receiver power to sell the two vehicles and the Rolex. (irishtimes.com)
  • courtA further receivership application relating to the two properties was adjourned. (irishtimes.com)
  • courtNeither brother showed up in court. (irishtimes.com)
  • otherThe Maguires have not been charged or convicted for any of the alleged activities. (irishtimes.com)

The reporting

newest first
  1. 18 Jan2023
    Court rules houses, cars, cash and Rolex watch linked to Drogheda brothers are proceeds of crime

    High Court ruling granting the CAB's proceeds of crime application against the Maguire brothers; receiver appointed to sell vehicles and watch, properties application adjourned.

    suspect, Owen Maguire, male, named, irish (judged from name)Owen Maguiresuspect, Brendan Maguire, male, named, irish (judged from name)Brendan Maguire