Cash, watches and designer clothes among items seized in CAB raids
THE Criminal Assets Bureau (CAB) conducted a search operation in the DMR West, DMR South, Laois and Kildare regions this morning, Friday, April 29.
The searches were conducted with the assistance of the Garda Emergency Response Unit (ERU), Ronanstown and Lucan District Detective Units, Naas District Detective Unit and the Customs Revenue Dog Unit.
According to a Garda statement released this evening, 10 separate locations consisting of four residential addresses, four business addresses including a licensed premises and two professional premises were searched.
Gardai said that during the course of the searches the following was seized; one Hublot watch, one Rolex watch, one Breitling watch, designer clothing and designer handbags.
Assorted sums of cash at each of the search sites totalling €22,000 was also seized and documents, records, hard drives and electronic devices
No arrests were made during the course of this operation.
A Garda spokesperson said: “This search operation targeted the commercial activities of a significant Dublin based Organised Crime Gang involved in drug trafficking and money laundering.
“Today’s action is noteworthy in the context of an on-going proceeds of crime investigation targeting the assets and commercial interests of key individuals suspected of participating in and directing organised criminality.”