Monday 18 December 2017

Kinahan 'counting men' arrested and €300k seized in armed garda raid

The gang were vacuum packing notes so dogs would not sniff cash

Cash seized in South Dublin. Picture: Garda Press Office
Cash seized in South Dublin. Picture: Garda Press Office

Ken Foy & Cathal McMahon

A pair of brothers have been arrested and €300,000 seized during a raid on a Kinahan cartel "counting centre" in South Dublin.

TWO brothers were arrested and €300,000 was seized during a raid on a Kinahan cartel “counting centre” in South Dublin.

The Drugs and Organised Crime Bureau (DOCB) and the Special Task Force searched the property during the planned raid in the Beacon South Quarter yesterday evening.

One man, aged 33, was arrested at the scene.

Gardai discovered over €300,000 in cash – which is believed to have been destined for Spain – and a vacuum packing machine in what has been considered another “significant” blow to the Kinahan cartel.

“The vacuum packing machine was being used to seal the money so that dogs wouldn’t be able to sniff it out,” a source told Independent.ie.

“Gardai think the cash was being prepared to be exported to the cartel in the Costa de Sol.”

The 33-year-old man was being detained in Blackrock garda station this morning. He was caught entering the property carrying bags of cash.

It’s understood the cartel had been renting the property under a false name, however it was never lived in and was used solely as a counting house.

“The bed had not been slept in and there was no sign of this house being lived in at all,” a source said.

A garda spokesman confirmed a number of follow-up searches were conducted in the Clondalkin area and a second man, aged 43, was also arrested and is currently detained at Clondalkin Garda Station under the provisions of Section 4 of the Criminal Justice Act 1984.

SOPHISTICATED

Independent.ie understands that the men are brothers, originally from Clondalkin.

Heavily armed gardai were involved in the operations.

“This is a highly sophisticated money laundering operation and gardai have carried out surveillance on the apartment for a number for weeks,” a source said. “The money was ready to be exported when the raids happened.”

Sources said that the seizure is a significant one and will come as a serious blow to the Kinahan cartel given that it’s a loss of €300,000 of “hard cash”.

"This latest seizure will come as a blow to the Kinahans as it was hard cash on its way to Spain,” a source said. “It is the equivalent of gardai seizing well over €1m worth of drugs.

“There is nothing criminals hate more than cash being seized.”

It’s believed the money was on its way to Spain’s Costa del Sol where senior members of the Kinahan cartel are based – including gang leader Daniel Kinahan, who runs the cartel’s billion euro drug operation.

The latest blow comes less than two weeks after gardai seized €740,000 of drugs believed to belong to the cartel in Dublin city centre when they busted a drugs exchange on St John Rodgerson’s Quay, Dublin 2.

Officers from the DOCB stopped and searched a car and a van and discovered 37kg of cannabis herb with an approximate street value of €740,000.

In January, paranoia within the murderous crime outfit was said to be at “unprecedented levels” after €37m of drugs, 15 weapons and more than €400,000 in cash and from bank accounts were seized in a number of days.

One suspect was arrested after a raid in which gardai recovered almost €300,000 cash in vacuum-packed bags in the attic of his house. They also discovered more than €100,000 in a bank account linked to him.

OPERATION

These developments closely followed the recovery of 15 heavy-duty firearms at Greenogue Industrial Estate in west Dublin.

Around the same time, €3m of suspected heroin and cocaine were recovered during the operation in Co Kildare.

In the months following the seizures, it’s understood crime boss Daniel Kinahan has become convinced there is a mole in his ranks and is determined to get to the bottom of it.

Daniel’s father and cartel kingpin Christy Kinahan is now believed to spend most of his time in sun soaked Dubai.

Online Editors

Promoted Links

Today's news headlines, directly to your inbox every morning.

Promoted Links

Editor's Choice

Also in Irish News