The High Court has cleared the way for the Criminal Assets Bureau to sell assets including several cars worth €500,000 it says are linked to the Kinahan organised crime gang.

CAB had previously secured orders from the court freezing the assets which includes jewellery, motorbikes and cars which were seized by the bureau following raids at various locations in March of last year. 

CAB's proceedings have been taken against parties including Liam Byrne, who the bureau says is a member of the Kinahan gang, and several of his associates.

Byrne's brother David was shot dead in the Regency Hotel in February 2016.

Today, Ms Justice Carmel Stewart in allowing CAB sell certain vehicles seized also heard that because of media coverage of the case Mr Byrne wants the rest of action to be heard in private.

In its proceedings CAB says the items, which are now worth approximately €500k are the proceeds of crime. 

CAB says the vehicles, linked to a bogus car sales company, were used by the Kinahan organised crime group as currency for services and for laundering money.

In February, the High Court appointed a receiver over the cars and granted orders allowing the receiver to sell the vehicles.

It sought the sales order because the vehicles were depreciating in value

The court placed a stay on that order pending any application to the courts by any of the individuals linked to the assets.

When the matter returned before Ms Justice Stewart said she was satisfied to lift the stay, except in relation to one car where one of the respondents had filed a sworn statement.

The judge had previously adjourned the matter to allow any party claiming an interest in any of the assets to file a sworn statement in respect of CAB's bid to sell the vehicles.

Seeking for the stay on the sales order to be lifted Grainne O'Neill Bl for CAB said only one of the respondents had sworn an affidavit in respect of the matter since the matter had last been in court.

Several lawyers representing the parties including Mr Tony McGillicuddy Bl for Mr Byrne had asked the court for an additional week before lifting the stay, which he said would be beneficial to CAB.

Counsel said his client want the stay to be kept in place for one more week so he could provide CAB with certain correspondence in relation to one of the vehicles. 

Mr Byrne had concerns that there could be an issue with another party in relation to that particular vehicle.

Separately counsel said his client was concerned about publicity the proceedings had received in the media. He would be making an application to the court on Mr Byrne's behalf to have the remainder of the case heard in private.

Several other lawyers representing some of the other respondents said they would be supporting the application to have the case heard in camera.

The judge, after rejecting applications to continue the stay on all but one of the vehicles, adjourned the case to 24 April.

On that date all remaining matters, including any application to have the case heard in private, will be considered by the court.