Belfast Telegraph

Friday 21 November 2014

'Slab' Murphy facing €15m tax bill after ARA injuiry

Thomas "Slab" Murphy and his family are facing a tax bill of €15m after a joint inquiry by Irish and British investigators.

Earlier this week the Assests Recovery Agency froze properties in Manchester belonging to the family in a bid to stop them selling up to pay the bill.

It was claimed in court in London that the ten houses in Cheshire are the proceeds of money laundering, fuel smuggling and mortgage fraud.

The houses were identified in documents seized by the Criminals Assets Bureau during a raid on Murphy's home in County Louth last March.

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