Kinahan cartel stole €4m Hutch cash in gangland double-cross
Missing millions in stolen gangland cash could have been the trigger for the bloody feud which has claimed seven lives so far, it has emerged.
The Herald can reveal that investigators are looking into reports that the Kinahan cartel and Hutch mob had already been in dispute about the huge cash haul for months before Gary Hutch was shot dead in Spain last September.
Sources said that tensions between the factions reached breaking point after the Hutch organisation provided nearly €4m to the cartel to launder after one massive robbery.
"The cartel took the cash but did not give anything back to the north inner city mob.
"This is now being looked at as the origin of the feud, rather than it starting about personality issues concerning Gary," a source told this newspaper.
"A very close older associate of Gary is suspected of approaching the Kinahan cartel to launder the money, but the information coming in is that this cash was never given back in any form.
"It is now being looked at that it was this matter that led to the tensions between the two crews and ultimately the murder of Gary, which has kicked off all the bloodshed," the source said.
"It shows just how much the Hutch mob and the Kinahan cartel trusted each other and worked together on major criminal enterprises - but clearly that relationship has been soured now," the source added.
The robbery happened less than a week after Gary Hutch had been arrested by gardai investigating his role in the gun murder of Finglas criminal Derek Duffy.
However, this did not stop him being heavily involved in the raid after his release from custody, gardai believe.
Armed gardai continue to monitor the feud, which has not directly claimed a life since May when Gareth Hutch was gunned down.
The shooting of Gary Hutch (33) had been seen as the murder that ignited the deadly feud.
He was shot by a lone gunman at the Mila Flores apartment complex in Spain in September of last year.
On February 5, David Byrne (33) was shot dead at the Regency Hotel.
Just three days later, Eddie Hutch Snr (58) - the brother of Gerry 'The Monk' Hutch - was gunned down at his home in Poplar Row, Ballybough, by a four-man hit team.
The next feud-related murder happened on March 23, when Noel 'Kingsize' Duggan (55), who was a former business partner of Gerry Hutch, was shot dead outside his home in Ratoath, Co Meath.
On April 14, innocent dad-of-three Martin O'Rourke (24) became the fifth victim of the deadly feud when he was gunned down in a case of mistaken identity on Dublin's Sheriff Street.
Just over a week later, on April 25, dissident republican Michael Barr (35) was shot dead by two gunmen at the Sunset House licensed premises on Summerhill Parade in the north inner city.
The most recent victim of the feud was Gareth Hutch (35), a nephew of 'The Monk', who was shot dead by two gunmen as he got into his car at the Avondale House flats complex on north Cumberland Street.
Last month, the Herald revealed that a senior member of the Kinahan cartel had flown to France to support Ireland in the Euros.
The criminal, who is a close associate of Regency Hotel murder victim David Byrne, was spotted drinking in central Bordeaux the night before Belgium beat Ireland in a group stage match.
It is also believed that Dublin drug dealer David 'Daithi' Douglas was murdered by associates of the Kinahan cartel but is not directly related to the feud with the Hutch gang.
Douglas was murdered in a ruthless double-cross by thugs who shot him outside his wife's shop, next door to a children's after-school club.
The dad-of-one was approached by a lone male gunman and shot in the head and chest in the Liberties area of Dublin's south inner city on July 1.