Man charged with money laundering after gardai intercepted an alleged handover of €350k in crime proceeds remanded on bail
A Dublin man charged with money laundering after gardai intercepted an alleged handover of €350,0000 in crime proceeds has been remanded on continuing bail.
Carpenter Glen Byrne (39) of Belfry Square, Citywest, Tallaght, Dublin 24 and Paul Carew (40) with an address at Saggart Court Lodge, Saggart, Co. Dublin were arrested in the Walkinstown area by officers from the Garda National Drugs and Organised Crime Bureau on June 24 last. They had been refused bail in the district court two days later.
They were charged under money laundering legislation with possessing €350,0000 in proceeds of criminal conduct.
Detective Garda Declan O’Reilly had told a bail hearing that the money was seized during a planned hand-over. He said the money was allegedly proceeds from the sale of drugs by a major crime group which operated inside and outside the jurisdiction.
Mr Byrne was later granted bail in the High Court with a condition that he must sign on daily at his local garda station.
The two men appeared again before Judge Bernadette Owens at Cloverhill District Court on Thursday.
Judge Owens ordered Mr Byrne, who is now on bail, to appear again at the same court on Jan. 11 next.
Mr Carew was further remanded in custody to appear again on Dec. 14. Directions from the Director of Public Prosecution need to be obtained.
They have not yet indicated how they will plead to the charges which can carry a maximum 14-year sentence.