EWM Property Holdings Limited was formally struck off by the Companies Registration Office (CRO). This development follows a string of High Court actions targeting properties and assets linked to the former restaurateur.
At a Glance: Stripped Assets and Linked Companies
| Company / Asset | Status / Value | CAB Involvement Details |
|---|---|---|
| EWM Property Holdings Limited | Struck Off (July 2026) | Used to acquire Meath lands with criminal funds. |
| Evergreen Wealth Management | Struck Off (April 2026) | Sweeney’s primary investment firm. |
| Waynestown, Co. Meath Land (110 acres) | Sold for €105,000 | Seized by CAB; deemed proceeds of crime. |
The Co. Meath Land Seizure and Court Threat
The company in question, EWM Property Holdings Limited, was central to the purchase of a 110-acre parcel of land in Waynestown, Co. Meath for €102,500. During intense High Court proceedings, the court ruled that this property had been acquired using the proceeds of crime.
Sweeney operated as the founder and lead director of both the recently dissolved EWM Property Holdings and its closely-linked sister entity, Evergreen Wealth Management, which was struck off earlier this year in April.
“The firm was involved in ‘highly dubious’ investment schemes.” – High Court Evidence
Though the land was originally purchased for €102,000 using unknown cash sources, outside investments, and funds from an innocent investor, the property was eventually seized. The site was sold at a CAB auction in late 2023 for €105,000 after the High Court warned Sweeney’s firm that failure to hand over the land on time would result in being found in contempt of court.
Organised Crime Associations: Kinahan Cartel, ‘The Family’, & Brian Grendon
High Court Justice Alexander Owens famously summarized Sweeney’s illicit dealings, stating the socialite was “up to his oxters” in organised crime. Detailed affidavits submitted by CAB’s Chief Officer, Det. Chief Supt. Michael Gubbins, outlined a web of connections between Sweeney and major Irish crime syndicates:
- Brian Grendon: Currently facing charges before the Special Criminal Court for directing a criminal organisation. Grendon reportedly utilized his firm, BG Autos, to invest at least €20,000 into Evergreen. He also received Sweeney’s help in setting up Platinum Motors, which was subsequently hit with a €500,000 CAB tax demand.
- Wesley Williams: Jailed in 2024 for laundering €1.4 million. Williams reportedly stepped in to negotiate deals after criminal figures issued death threats against Sweeney.
- Cartel Connections: Court documents detailed unnamed advisors who supplied vehicles and business consulting to garages operated by both The Family crime gang and the notorious Kinahan Cartel.
The state’s evidence also highlighted a 2019 meeting between Sweeney and two international drug traffickers who were subsequently arrested and jailed in Ireland with €1 million worth of heroin. While Sweeney was arrested alongside them at the time, he was released without charge.
Real IRA Fallout: Nathan Kinsella Money Laundering Dispute
Sweeney’s legal woes have also exposed friction with dissident republican elements. In a separate CAB action, details surfaced regarding a falling out between Sweeney and convicted Real IRA criminal Nathan Kinsella over a failed money-laundering plot.
When CAB officers executed a search warrant at Kinsella’s luxury home in Blackrock, Co. Dublin, they seized three high-value vehicles. Phone extraction evidence confirmed that Kinsella and Sweeney associated regularly, with Kinsella blaming the former socialite for the security crackdowns, threatening to “fold” him over the financial losses.
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