Busy CAB list sees receiver appointed over luxury watches

The High Court has ordered the appointment of a receiver over three luxury watches alleged to have been purchased with proceeds of crime. Christopher Waldron, aged 37 and with an address at Killala Road in Cabra, is facing proceedings brought by the Criminal Assets Bureau concerning two residential properties and the three watches, which include a Breitling chronograph, a Rolex Datejust and a Cartier Santos timepiece. The CAB contends that all or part of the properties and watches were acquired through criminal activity. Mr Waldron's claims denying the allegations were noted. Mr Justice Alex Owens appointed a receiver to take possession of the watches pending further order. A related case involving David Waldron, aged 42 and also from Cabra, concerning three properties in Wexford, Dublin and Kildare, was adjourned to 18 May. Those claims too are denied. The High Court's CAB list comprised 26 cases on the date in question, with social distancing measures in place among those attending.