CAB carry out raids nationwide targeting Kinahan cartel
The Criminal Assets Bureau and a number of Garda national units have carried out a series of raids targeting the Kinahan cartel across several counties.
The search which began this morning was carried out in Dublin, Meath, Limerick and Longford.
It involved the search of 20 residential premises, 18 professional premises and one gymnasium.
Approximately €15,000 cash was seized along with five vehicles (Audi Q7, Mercedes Vito, VW Golf Mark 7 GTD, VW Golf, Honda Motorcycle) and five watches (Breitling, 2 Rolex, Cartier, Legend). A freezing order has been made in respect of a substantial amount of money in a bank account.
A quantity of documents, mobile phones, etc. are being examined by investigating officers.
No arrests were made.
Speaking today Detective Chief Superintendent Patrick Clavin said:
"This CAB investigation into an Organised Crime Gang is continuing, today marks a significant development in the progress of this investigation. The Criminal Assets Bureau are relentless in their mission to identify the criminally acquired assets of persons and to deny such people these assets. The motivation of these organised crime gangs is greed for wealth and we will do all we can to deprive them of this wealth".