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BMW, Rolex watches and cash seized by CAB in Dublin

Friday, 20 Jan 2023

Updated / Friday, 20 Jan 2023 19:53

In a statement this evening, gardaí said the operation marks a

'significant development' in an ongoing Criminal Assets Bureau

investigation (Photo: Garda Press Office)

A €146,000 BMW car, two Rolex watches and around €15,000 in cash have

been seized by the Criminal Assets Bureau in Dublin this morning.

Seven searches were carried out in professional premises and one in a

residence in the Dublin 13 area of North Dublin.

Jewellery valued more than €20,000 and documents that related to

financial and property transactions were also seized.

"significant development" in an ongoing Criminal Assets Bureau

investigation.

This investigation, they say, is focused on the assets of an

international organised criminal group involved in the cultivation,

sale and supply of controlled drugs through a network of cannabis grow

houses, brothel-keeping and the "subsequent laundering of the proceeds

of their criminal conduct".