In excess of €400,000 was spent by Christopher Waldron, a criminal based in Dublin, on refurbishing his residence in north Dublin’s Cabra. The property has since been confiscated by the Garda Criminal Assets Bureau (Cab), along with a number of high-priced Rolex timepieces. The Garda confirmed in a communique that Waldron procured these assets from drug peddling in Cabra and Finglas, subdivisions of Dublin.
As per prior records, the High Court had been approached to seize Waldron’s assets, including a Rolex valued over €30,000, compliant with the Proceeds of Crime Acts. The Garda corroborated that Waldron’s assets were financed by illegal drug trade in Cabra and Finglas, as presented in evidence by the Cab.
Waldron had acquired a property on Killala Road in early 2013, which was later enlarged and revamped at an approximate cost of €431,000. Historical records show that the property was purchased for a mere €50,000 in 2013. The Garda declared that the funds for the extension and refurbishment were proven to be procured via Waldron’s unlawful activities.
Additional properties confiscated by Cab incorporated seven wristwatches, auctioned off in December 2023 for €72,900. This collection included two gold Rolex watches, selling at €30,100 and €14,900 respectively, in addition to a women’s Rolex valued at €10,900. A substantial amount of cash was also seized during the course of Waldron’s investigation.
Court rulings issued in March 2023 as part of Waldron’s trial finalised the property seizure on Killala Road, with the suspension of the court order being annulled on Thursday, allowing a court-appointed official to take ownership of the property with the intention of selling it, as confirmed by the Garda.