The property was originally bought for €223,000 in 2012 by William McInerney a “trusted associate” of gang boss Eds McCarthy.
The rural property at Kealdaerra, Bodyke, Co Clare which includes a house, 20 stables and 18.5 acres of land is due to go under the hammer next month.
The property was originally bought for €223,000 in 2012 by William McInerney a “trusted associate” of gang boss Eds McCarthy.
Outside the home up for auction
It is due for auction on 24 September by Williams Auctions with a guide price of €175,000.
The online brochure says a tree lined avenue leads up to the property which would “benefit for refurbishment.”
News in 90 Seconds, Wednesday, August 27
The property also comes with “equestrian facilities” that includes a circular gallop with the lands laid out in paddocks.
The cottage and lands were declared the proceeds of crime in 2016 and in April 2024 a new order was sought to take possession.
William McInerney
William McInerney had claimed in garda interviews the money came from various business deals and sales, but didn’t challenge the original CAB case.
In the original case against McInerney he was described by CAB as a member of the McCarthy gang with “close ties and associations with hierarchy of the gang.”
He was known as horse trainer and jockey by other members of the gang for sulky racing and trained the horses at the property.
Photo of the home up for auction
It was stated by CAB sulky races are “very often illegally organised events utilised by criminal elements to launder criminal funds through gambling and horse sales.”
CAB stated that “a complex money laundering scheme utilising various bank accounts and mediums in Ireland and Spain was identified and dismantled.”
This included a bank account and a property investment company registered in Lanzarote through which cash was channeled to buy the Co Clare property.
Photo of the property up for auction
Various individuals were also given cash to get bank drafts that were then used to fund the purchase.
It was stated in the 2016 that McInerney’s explanations to gardai were “not credible and clearly contradictory.”
Separately, McInerney got a 28-month sentence last October for his role in an attempted murder in Co Clare in 2020.
The Co Clare man had agreed to clean a BMW jeep used in a shooting but didn’t go ahead once he realised what had happened.
It was heard in court McInerney heard about the shooting on the news and refused to have anything to do with the car.
Inside the home up for auction
The target of the shooting at Sixmilebridge, Daniel Harty Junior, was lucky to survive.
Harty, then aged 21, was hit three times in the back while an innocent by-stander was hit in the buttock during the attack at a music festival.
The victim needed a colostomy bag for two years, underwent bowel surgery and was diagnosed with Post Traumatic Stress Disorder.
Gang leader Tony McInerney, who is not related to William, got a 17-year sentence for the shooting.
Tony McInerney hit the headlines again last year as the suspect who organised a shipment of drugs to Portlaoise Prison that caused a mass overdose.