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Form 10-K/A Kenongwo Group US, Inc For: Dec 31

Form 10-K/A Kenongwo Group US, Inc For: Dec 31
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Judge declares three houses linked to cannabis production are proceeds of crime

Judge declares three houses linked to cannabis production are proceeds of crime The houses were in Tipperary town, Fermoy, Co. Cork and in Blanchardstown, Dublin The judge said evidence established two of the houses were bought for use as cannabis grow houses. File photo: Getty Fri, 19 Feb, 2021 - 13:45 Ann O’Loughlin A High Court judge has declared three houses represent the proceeds of crime due to being linked to cannabis production. The Criminal Assets Bureau (CAB) sought the orders under section 3.1 of the Proceeds of Crime Act in proceedings against Luk Yau Kwok, Weizhong Zhang and Ms Huijuan Xu, the wife of Mr Zhang.

Revealed: How Chinese cannabis growhouse gang bought ramshackle properties around the country and made millions

The Criminal Assets Bureau has seized three homes linked to a Chinese crime group who made millions by operating cannabis growhouses across the country. One drug operation alone made nearly €2m over a 40-month period, with the gang managing growhouses in both Ireland and the UK. The High Court this week ruled that four assets linked to the gang, worth around €500,000, were acquired in connection with the proceeds of crime. This included properties in Dublin, Tipperary and Cork as well as a bank account containing €40,000. Three Chinese nationals, Luk Yau Kwok, Weizhong Zhang, and his wife Huijuan Xu, were said to be connected to the purchase and operating of the growhouses.

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