Published Saturday, 21 September 2013
An investigation is underway in the Republic of Ireland (© Getty)
The Irish Independent reported that the cash haul, in €50 notes, was found in a property which was repossessed last year from bankrupt-billionaire Tom McFeely.
The Criminal Assets Bureau (CAB) was alerted following the discovery at the mansion in Ballsbridge, south Dublin.
An investigation is now underway, with CAB officers trying to determine who the owner of the money is.
Mr McFeely, originally from Dungiven, served 12 years in the Maze Prison for shooting an RUC officer.
He spent 53 days without food during the IRA hunger strikes in the 80s.
Mr McFeely has claimed in the past that he has bank debts in excess of €200m.
His former house on Ailesbury Road was sold after it was repossessed by NAMA and renovations are underway.
© UTV News