The Criminal Assets Bureau (CAB) conducted a search operation in Cork and Tipperary this morning, (Thursday, February 13th).
The locations include 11 residential dwellings, four business premises, one hotel room and six professional premises.
During the course of the search, the following was seized:
- €22,500 in cash;
- 191 registration Renault Kadjar;
- 182 registration Kia Sportage;
- 142 registration Skoda Superb;
- 171 registration Range Rover;
- 162 registration Hyundai Santa Fe;
- 151 registration Volkswagen Passat;
- 2 Louis Vuitton bags;
- 1 Rolex watch.
In addition to this, a small quantity of suspected cocaine and cannabis herb, mobile phones, financial and business records were also seized and funds were restrained in four different financial accounts.
Two men were arrested at the scene by local Gardaí - One man was arrested on foot of a Court bench warrant, while another man was arrested for an offence under Section 15 of the Misuse of Drugs Act 1997 as amended.
The offence had occurred on an earlier date, according to an Garda Síochána.
"The CAB investigation centres on an individual involved in the sale and supply of controlled drugs in Cork City and County."
"The individual is linked to a number of businesses in West Cork and it is believed that he is laundering the proceeds of his criminal conduct, namely the supply of controlled drugs through these businesses."
In total, 124 personnel took part in today’s search operation.
The Criminal Assets Bureau (CAB) was supported by the Garda Emergency Response Unit, the Southern Region Garda Armed Support Unit, the Garda Dog Unit, the Cork Divisional Search Team and local Detective and Uniform Gardaí based in County Cork.
Image source: An Garda Síochána