Cars, watches, cash and documents were seized in five separate raids carried out on Thursday morning.
A pair of runners worth €550 was seized amidst a haul of expensive items following a search operation carried out by the Criminal Assets Bureau (CAB) on Thursday.
Five searches were conducted in total – three residential dwellings (one in Dublin 8 and two in Kildare), one business premises (a jewellers) in Dublin 2 and one professional premises in Dublin 2.
The following items were seized:
- A 152 registered Audi A6 luxury motor car
- A 132 registered BMW 5 series motor car
- Three Rolex watches
- A Breitling Watch
- Approximately €4,000 in cash
- Approximately £400 sterling in cash
- Two electronic weighing scales
- A pair of runners that cost €550
- Documents
- Financial documents
In addition to the items seized, in excess of €30,000 held in financial accounts was restrained on foot of orders granted pursuant to Section 17 (2) of the Criminal Justice (Money Laundering & Terrorist Financing) Act 2010.
No arrests have been made at this time.
All searches were conducted under CAB Warrants, Section 14 of the Criminal Assets Bureau Act, 1996 as amended.
The CAB investigation is focused on an individual who is a member of an organised crime gang involved in the sale and supply of controlled drugs in the Dublin 8 and Dublin 12 areas.
CAB previously targeted the assets of this individual, and orders were granted under the Proceeds of Crime Act 1996 & 2016 in the High Court in 2019 over cash, monies held in financial accounts, a high value watch, a mobile home and three motor vehicles.
That action resulted from a CAB search operation conducted on 8 December, 2017.
The target had been referred to CAB by the Special Crime Task Force established by the Garda Commissioner. This followed on from an operation in September of 2016 in which cash and a luxury watch were seized.
Anyone with information about suspected unexplained wealth is asked contact the Criminal Assets Bureau on 01 666 3266 or [email protected].
Images via An Garda Síochána
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