A man recently pleaded guilty to the theft of a bike worth €14,000 in Waterford city.

Craig Cahill (23) of 9 Manor Walk, Kilkenny, appeared at a sitting of Waterford District Court this month before Judge Kevin Staunton, where he was charged with burglary and possession of stolen property, contrary to Sections 12 (1)(b) and (3) and 18 of the Criminal Justice (Theft and Fraud Offences) Act, 2001.

The accused first appeared in court in January, where it was stated that on 16 September 2025, the injured party reported the theft of a Trek Emonda bike, worth €14,000, to Gardaí. It had allegedly been taken from a premises on O’Connell Street, Waterford city. The court also heard that the accused returned the bike to Waterford Garda Station several days later, where he was charged.

The bike belonged to the son of former Olympic Cyclist Ciaran Power, who launched a social media campaign to find it following the theft last September. Mr. Power was borrowing his son’s bike at the time, and it was taken from a downstairs waiting room in his office, while he was upstairs. Mr. Power nor his son were not mentioned during the court proceedings.

Acting for the defendant at the court sitting, solicitor Ken Cunningham told Judge Staunton that his client, who was present in court with his mother, would be offering a guilty plea. Mr. Cunningham noted that the offence involved the theft of a ‘high-value’ bike which was later recovered, and that the Director of Public Prosecutions (DPP) had indicated summary disposal in the case. Judge Staunton previously accepted jurisdiction in January, meaning that the case would be heard in the District Court.

Judge Staunton noted the guilty plea of the accused, and put the matter back to 19 May, 2026 for sentencing.

Funded by the Court Reporting Scheme

Robyn Power