Courts / Limerick / Report

Limerick man admits to money laundering after major garda operation

Date
2023-07-03

Stage
Charge Or Pretrial

Primary locality
Limerick

Summary

A 53‑year‑old Limerick man, Dermot McManus, pleaded guilty to three money‑laundering offences. He admitted handling €28,550 and £11,795 in cash on 17 June 2020, knowing or recklessly ignoring whether the money was criminal proceeds. Between 1 January 2018 and 17 June 2020 he used money credited to an account in his own name at the Limerick and District Credit Union, again recklessly ignoring its source. He also admitted handling a white Mercedes Sprinter van from 2 June 2020 to 23 May 2021. The case is adjourned to 16 October for sentencing, and his curfew bail condition has been lifted. His partner, Terese Halpin, 50, was charged with possession of the same cash and allowing a Permanent TSB account to be used for the proceeds of crime; those charges were dropped after a nolle prosequi was entered.

Who, what, where, when and why

What: Report matter: Limerick man admits to money laundering after major garda operation. Charges or matters: three charges relating to money laundering offences; handling a white Mercedes Sprinter van between June 2, 2020 and May 23, 2021; possession of the same cash sums and allowing a Permanent TSB account to be used for handling the proceeds of crime. Procedural stage: charge_or_pretrial

When:

June 17, 2020 Hearing Or Sentence
January 1, 2018 Other
June 2, 2020 Adjournment
May 23, 2021 Adjournment
October 16 Adjournment
June 2020 Hearing Or Sentence
September 2021 Incident
2023-07-03 Publication

Case subjects

Dermot McManus

Defendant

Charges: three charges relating to money laundering offences; handling a white Mercedes Sprinter van between June 2, 2020 and May 23, 2021; possession of the same cash sums and allowing a Permanent TSB account to be used for handling the proceeds of crime (Admitted)

Plea: Guilty

Outcome: The matter has been adjourned to October 16 next for sentencing, while a previous bail condition that McManus observe a curfew between 10pm and 7am has been lifted.

Terese Halpin

Accused

Charges: possession of the same cash sums and allowing a Permanent TSB account to be used for handling the proceeds of crime (Alleged Or Contested)