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Dublin Live
Dublin Live
National
Kim O'Leary

Luxury car, watches and cash seized by Criminal Assets Bureau following searches in north Dublin

A luxury sports car, two Rolex watches and a quantity of cash have been seized following a search of several properties in north Dublin earlier today.

The Criminal Assets Bureau (CAB) conducted a search operation in Dublin 13 area of north Dublin this morning, with searches carried out at a residential property and seven professional premises. During the course of the searches, gardai seized a 2020 BMW X7 ‘M – Sport’ valued new at €146,000, two Rolex watches and jewellery valued in excess of €20,000 and approximately €15,000 in cash.

Gardai also seized documentation in relation to Financial and Property transactions.

Read more: Children being 'corrupted' by drug dealing situation in Oliver Bond flats, Dail told

A garda spokesman described today's operation as a "significant development."

Two Rolex watches were seized during the operation in Dublin (An Garda Siochana)
The Criminal Assets Bureau (CAB) seized two watches including this silver Rolex (An Garda Siochana)

A garda spokesman said: "Today’s operation marks a significant development in the on-going Criminal Assets Bureau investigation which is focused on the assets of an international Organised Criminal Group (OCG) involved in the cultivation, sale and supply of controlled drugs through a network of Cannabis Grow Houses, Brothel keeping and the subsequent laundering of the proceeds of their criminal conduct."

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