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Luxury cars and watches seized in 'significant' CAB raid spanning two counties

By Aakanksha Surve

A number of cars and watches were seized following a major raid by the Criminal Assets Bureau (CAB) today.

The findings came after five residential and commercial addresses were searched during a multi-agency operation in Co Dublin and Co Kildare.

Three bank accounts containing funds of €340,000 were identified and restrained during the course of the investigation.

Read more: CAB and gardai seize €51,000, cars and luxury items in massive Kildare sting

The following assets were also seized:

• 212 Registration BMW X6
• 141 Registration BMW X5
• Breitling Watch
• Two Armani Watches

CAB officers found luxury cars and watches during the search (CAB officers found luxury cars and watches during the search)

Additionally, electronic devices and documentation were also discovered during the raid.

A garda spokeswoman said: "This morning’s search operation was conducted as part of a CAB proceeds of crime investigation, into assets accrued by an individual linked to an East European Organised Criminal Group (OCG) which is involved in drug trafficking.

"Today’s operation marks a significant development in the ongoing CAB proceeds of crime investigation."

Read more: Criminal Assets Bureau target close associate of senior Kinahan cartel member

Read more: Money from Criminal Assets Bureau raids to go to crime-ravaged communities

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