Arran Coghlan says decision to seize his home 'makes a mockery of justice'

Earlier today we reported that an Alderley Edge businessman must handover his family home within 90 days because a High Court Judge ruled that it has been purchased through the proceeds of drug trafficking and money laundering.

Arran Coghlan has since contacted me to put forward his side and says this action is the result of a 'personal vendetta' and 'makes a mockery of justice'.

Mr Coghlan issued the following statement:

"From the outset this has been a personal vendetta perpetuated by NCA officers. They now accept I didn't put the deposit in yet still argued that they should keep the order against the house regardless of the fact they lied.

"In my view this makes a mockery of justice and I will continue the civil battle to force them to publicly account for their lies.

"On a more amusing note the facts and figures mean that the NCA should have been careful what they wished for...

"I bought the house on a no deposit, 100% interest only mortgage; which means that I haven't paid one penny off the cost of that house in all the time I have lived there.

"Should the NCA manage to sell the property to a third party their first obligation is to repay the mortgage.

"The law requires them to make any potential purchasers aware of any "skeletons in the cupboard". Where would they start with that one? Good luck with that. Firstly, there were the facts surrounding the Akinyemi case i.e. someone being shot dead in the house and also the Osman warnings (threat to life notices) that the police issued in both directions which may cause potential purchasers to have considerable concerns for their safety.

"In my view the NCA vendetta should not impact the public purse. One can readily see how any offer may be well below the amount which the NCA have to pay off the mortgage. As a public spirited person I am prepared to save the day by putting a bid in myself for £1 above the mortgage value."

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Arran Coghlan
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