The Criminal Assets Bureau (CAB) struck a deal with Keane and Laura Flanagan after the family home was one of three properties seized by gardai.
The Criminal Assets Bureau (CAB) struck a deal with Keane and Laura Flanagan after the family home was one of three properties seized by gardai.
At the High Court in June, Judge Alexander Owens appointed a receiver to the other houses but agreed to wait before doing the same with the Claughaun Avenue home in Garryown, Limerick.
Referring to her affidavit evidence, he said he has to take into account the situation surrounding her children.
CAB target Kieran Keane Jnr
Last week it emerged the couple had signed an agreement with Cab after negotiations over various “undertakings and indemnities”.
Ms Flanagan now has until July 2027 before leaving the house, on which the Bureau said €289,000 was spent on renovations.
No order was made over the costs of the legal proceedings and the other two houses are due to be handed to CAB this October.
A judge gave Laura Flanagan two years to vacate a house targeted by the Criminal Assets Bureau
News in 90 seconds – 10th August 2025
While Keane jnr is currently living in Dubai and Spain, Laura still resides in the Limerick house with three children.
The houses, three cars and €101,000 in a bank account were deemed the proceeds of crime.
The couple’s relationship was described in court as “tempestuous” and counsel for the pair said she appears to be a lone parent.
The son of slain gangster Kieran Keane Snr, Kieran Jnr left Ireland not long after gardaí launched a major operation aimed at the gang’s money laundering operation in 2020.
A forensic analysis of the couple’s finances and lifestyle from 2009 to 2020 suggested there was €696,000 worth of spending from unknown sources.
The analysis by Cab included foreign travel to Spain, the UK, Lapland and Dubai, gambling and evidence of money being spent at a plastic surgery clinic in Lithuania.
Investigators said there was a pattern in how Keane Jnr acquired the properties without being recorded as the owner, which were then rented to relatives or associates for cash.
Cab said Keane Jnr has been involved in serious organised crime. Now aged 36, he has been collated by gardaí with other known serious criminals.
They included infamous enforcer Gerard Mackin, who served time for nailing a man’s foot to a floor in Limerick during an horrific extortion bid.
Another associate named in the High Court was Mark Heffernan, who had been acquitted over his alleged role in the same incident.
Keane Jnr’s only record of employment was a stint with Hefferan in 2015, which accounted for income of €12,000, according to CAB.
Heffernan was stated to have carried out renovations to a burned-out house bought by Keane Jnr in Caherconlish and then sold in 2018 at a time when he had no official income.
Judge Owens said the remainder of the profits from the sale of that house made up part of the €101,000 in a bank account that was also declared the proceeds of crime.
Some of that cash also came from Keane Jnr’s motor business he set up in Newcastlewest at the same premises used by another Cab target, Mike Nash.