
A massive New IRA bomb plot was foiled after gardai seized a staggering 6kg (13.2lb) of explosives in Dublin's north-inner city.
Heavily armed detectives carrying sub-machine guns stopped a seven-seater taxi during a dramatic arrest in Ballybough shortly after 6pm yesterday.
Gardai, aided by the army and the bomb disposal unit, arrested two men and seized the lethal explosives.
Investigating gardaí now believe the material seized is TNT. It was initially believed to be semtex.
The arrests are part of an ongoing investigation by the Special Detective Unit (SDU) into dissident republican activity.
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It has also emerged that the second man arrested has no known connections to any criminal gang, leading to fears of a new recruitment drive by the dissident republican terror group.
Armed gardai also raided the house of a politician's relative, who has close ties to one of the men arrested.
A senior source last night stated that the explosives recovered were "big enough to blow up a street".
The explosives "would have caused serious damage if used. It is a major catch for gardai," said the source.
Gardai have said it is too early to rule out a link to the ongoing Hutch/Kinahan feud.
Dissident republican Michael Barr (35), who was murdered by the Kinahan cartel as part of the ongoing dispute, had links to the New IRA.
Last night, heavily armed gardai from the Emergency Response Unit (ERU) - an elite branch of the SDU - stopped a car at about 6pm.
The dramatic arrests took place near Spring Garden Street, Ballybough, on the capital's northside.
Residents living in the area were immediately evacuated from their homes, while a takeaway was also closed.
Two men, aged in their 20s and originally from the north-inner city, were detained. They had been placed under surveillance by specially trained detectives ahead of the interception.
They are being detained at Clontarf Garda Station under Section 30 of the Offences Against the State Act.
The Defence Force's bomb disposal unit arrived at the scene shortly before 7pm under a garda escort, with a large section of the area closed off yesterday evening.
Members of the Dublin Armed Support Unit and army personnel, carrying sub-machine guns, stood guard as locals, including young children, looked on.