CAB granted order to confiscate houses worth €3.3m

The High Court has granted the Criminal Assets Bureau (CAB) an order to confiscate three houses that cost a Dublin drug dealer €3.3m to buy and renovate.

Mr Justice Alex Owens found that the houses in Dublin and Co Kildare and a mansion in Co Wexford built for €1.7m were the proceeds of crime

David Waldron, a convicted drug dealer who is linked to organised crime groups in Dublin could not credibly explain where he got the money to buy the properties.

His brother Christopher’s house in Dublin has already been seized and is to auctioned off next Friday.

The Waldron brothers are well-known drug dealers who have been linked to organised crime in Finglas for years.

The High Court accepted David Waldron has been “a major player” since 2000 and that his main income was from drug dealing.

He was “heavily involved” in drug dealing and “has had access to large sums of money generated by drug dealing”.

The Waldrons took over “a leading role” in sourcing and supplying drugs in Cabra after the murder of Eamon Dunne in April 2010.

Waldron was a close associate of Darren Kearns, Michael Kelly and Daithi Douglas who were all shot dead in gangland murders between 2011 and 2015.

His former business associate Richard Keogh, who sourced drugs for Waldron in Spain, was shot dead outside Malaga in January 2009.

The Waldron brothers were targeted by CAB and today the High Court ruled that three houses owned by David Waldron and his wife Charlene were the proceeds of crime.

More to follow.