Criminal Assets Bureau returned €17m to State last year as record 20 homes seized

Eva Osborne

The Criminal Assets Bureau returned €17 million to the State last year and seized 20 homes, which were the proceeds of crime.

The Justice Minister will present the latest annual report from the Criminal Assets Bureau at the Cabinet meeting on Tuesday.

It contains details of 20 homes seized by the agency last year, which is the highest number ever in a single year.

Among them was the former home in Saggart, Dublin, of Daniel Kinahan.

It was sold at auction for over €930,000 - the highest figure achieved for any confiscated asset to date.

According to the Independent, €17 million was returned to the state by the Criminal Assets Bureau in 2024.

This includes €5 million from property sales, €13 million from Revenue, and around €500,000 from social welfare.