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Criminal Assets Bureau probes sale of Limerick homes for cash
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THE Criminal Assets Bureau (CAB) and Revenue have been called on to investigate properties being bought for over the odds, in cash, in Rathkeale.
Cllr Stephen Keary said “huge expenditure has taken place in the town in the last 12 months in properties that would have a normal value of maybe €100,000 making up to €400,000”.
He also claimed people are being intimidated into selling houses and land shortly after bereavements.
Speaking at an Adare-Rathkeale Joint Police Committee meeting, the councillor said he was aware of a former licensed premises making in excess of €600,000.