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Gardaí seize more than €1m in cash in crime gang crackdown

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Some of the cash seized by gardaí in Coolock on Saturday

Some of the cash seized by gardaí in Coolock on Saturday

Some of the cash seized by gardaí in Coolock on Saturday

Gardai have seized more than €1m in cash during searches of two premises in Dublin yesterday.

The money was discovered by officers from the Garda National Drugs and Organised Crime Bureau (GNDOCB), assisted by the Garda Dog Unit, in an operation targeting suspected criminal activities of an organised crime group.

A garda spokesman said the two premises - in North Dublin and Dublin city centre - were searched in the course of the operation and a number of vehicles were seized.

"In the course of a search of one vehicle, a concealment of cash was discovered. The vehicle and its content remain subject of examination," the spokesman said.

"However, the amount seized is believed to exceed €1m. Investigations are continuing."

Assistant Commissioner John O'Driscoll, head of Organised and Serious Crime (OSC), said: "We continue to target those causing most harm in our community.

"This seizure of a significant quantity of cash will, we believe, contribute to the disruption and potential ultimate dismantling of particular organised crime groups that we continue to target, building on earlier success achieved, in recent years".

An operation was also carried out in the Coolock area yesterday as part of an ongoing investigation targeting a Dublin-based drugs gang.

Recovered

Gardaí attached to the GNDOCB searched a house and car in the area on Saturday which led to €117,000 in cash and a Rolex being recovered.

A 35-year-old man was arrested on suspicion of money-laundering offences and is currently being held at Coolock garda station.

It is understood the man is a licensed taxi driver who may have been used to hold the cash for an organised crime group. "This individual is suspected of being used as a 'gilly' to hold the cash and at this stage there is nothing to suggest that he was involved at any higher level," one source said.

Mr O'Driscoll said the seizure is the latest success against the crime gangs.

"We continue to target those causing most harm in our community," he said.

"This seizure of a significant quantity of cash will, we believe, contribute to the disruption and potential ultimate dismantling of particular organised crime groups that we continue to target, building on earlier success achieved, in recent years."


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