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05/03/2007
ARA sell murdered criminal’s home
The home of a murdered drug dealer has been sold by the Assets Recovery Agency (ARA) for £240,000.
Paul Patrick Daly, 38, was gunned down in Belfast in May 2001.
He had been sitting in a car with his partner and 12-year-old daughter at the front of a relative’s house when 10 shots were fired at him.
At the time of the attack detectives were investigating death threats from paramilitaries on both sides of the sectarian divide.
However, police believe republicans most likely carried out the assassination.
The ARA sold the house at Laurelgrove Dale for around £60,000 more than the auction list price.
ARA Deputy Director Alan McQuillan said: "We have sold this property, and the money raised will now be recycled to help fight against crime."
"This again shows that the Proceeds of Crime Act is working. We now look forward to seeing more and more cases being finalised in the High Court."
A High Court recovery order enabled the ARA to take 90% of the proceeds from the property, and Jacqueline Conroy, his partner and beneficiary of his will made 10% of the sale.
(JM/SP)
Paul Patrick Daly, 38, was gunned down in Belfast in May 2001.
He had been sitting in a car with his partner and 12-year-old daughter at the front of a relative’s house when 10 shots were fired at him.
At the time of the attack detectives were investigating death threats from paramilitaries on both sides of the sectarian divide.
However, police believe republicans most likely carried out the assassination.
The ARA sold the house at Laurelgrove Dale for around £60,000 more than the auction list price.
ARA Deputy Director Alan McQuillan said: "We have sold this property, and the money raised will now be recycled to help fight against crime."
"This again shows that the Proceeds of Crime Act is working. We now look forward to seeing more and more cases being finalised in the High Court."
A High Court recovery order enabled the ARA to take 90% of the proceeds from the property, and Jacqueline Conroy, his partner and beneficiary of his will made 10% of the sale.
(JM/SP)
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The Assets Recovery Agency (ARA) has been granted a Civil Recovery Order on assets worth around £200,000 earlier today in the High Court in Belfast in respect of the estate of the late Paul Patrick Daly. Mr Daly, 38, was shot dead in Belfast in May 2001.
ARA seizes assets of alleged drug dealer
The Assets Recovery Agency (ARA) has been granted a Civil Recovery Order on assets worth around £200,000 earlier today in the High Court in Belfast in respect of the estate of the late Paul Patrick Daly. Mr Daly, 38, was shot dead in Belfast in May 2001.
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ARA freezes assets in biggest case seen in NI
Property worth £8.2 million has been frozen by the Assets Recovery Agency (ARA) in the biggest case of its kind in Northern Ireland. Around 11 bank accounts, 36 houses and several plots of land were seized after Belfast’s High Court was granted an interim receiving order on the assets of Joseph and Francis McGleenan.
ARA freezes assets in biggest case seen in NI
Property worth £8.2 million has been frozen by the Assets Recovery Agency (ARA) in the biggest case of its kind in Northern Ireland. Around 11 bank accounts, 36 houses and several plots of land were seized after Belfast’s High Court was granted an interim receiving order on the assets of Joseph and Francis McGleenan.
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ARA seize assets of convicted criminal
The Assets Recovery Agency has today seized the home of a convicted robber following a hearing at Belfast High Court.
ARA seize assets of convicted criminal
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19 February 2014
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Property Prices Under Half Their Peak Value
The prices of residential property sold today in Northern Ireland are under half of their 2007 peak value, according to the latest figures from the Northern Ireland Statistics & Research Agency. The stats show a 54% fall in the value of properties since the peak in 2007.
23 May 2013
NI House Prices Continue To Fall
Latest figures have revealed that the price of residential property prices are continuing to fall in Northern Ireland, but at a slower rate. The Residential Property Price Index measures the change in the price of residential property sold in NI, and it found that over the year to the end of March 2013, residential property prices fell by 6%.
NI House Prices Continue To Fall
Latest figures have revealed that the price of residential property prices are continuing to fall in Northern Ireland, but at a slower rate. The Residential Property Price Index measures the change in the price of residential property sold in NI, and it found that over the year to the end of March 2013, residential property prices fell by 6%.
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