A former Longford hotelier and local politician will be sentenced later this year over multi million euro money laundering charges. Frank Kilbride of Aughakilmore, Ballinalee in Longford officially plead guilty to three charges under Money Laundering legislation at Longford Circuit Court this afternoon. The 69 year old signalled his intent to plead guilty to the charges at a sitting of Longford District Court in December.
The charges include that Mr Kilbride, on various dates between October 2017 and March 2018, engaged in converting, transferring, handling, acquiring and possessing property that was the proceeds of criminal conduct to the approximate amount of 1.7 million euro. A second charge brought against the former Fine Gael politician had him taking part in money laundering between November 2017 and March 2018, to the amount of €867,143.
While a third charge, bringing the total to 2.6 million euro, included the handling, possession and conversion of €10,000 of proceeds of criminal conduct. At Longford Circuit Criminal Court today, Judge Kenneth Connolly remanded Mr Kilbride on continuing Bail with the well known Longford man required to sign on at Granard Garda station every two weeks.
He will be sentenced on the 9th of July in Longford Court house. Frank Kilbride served on Longford County Council 3 times between 1999 and 2009, unsuccessfully contesting local elections in 2014 and 2019, as well as the 2020 General election
