A Mercedes Benz car, €5,000 in cash, laptops, phones, banking records and other documents have been seized by the Criminal Assets Bureau (CAB) during a dawn raid in Co Louth.
CAB officers, aided by members of the Emergency Response Unit and the Revenue Customs Dog Unit swooped on the residence in the early hours of Friday morning.
A property valuation expert also assisted in the search.
During the course of the search, the following items were seized:
- Approximately €5,000 in cash
- A white AMG Mercedes Benz C200 coupe, 171 registration
- Various electronic devices including laptops and mobile phones
- Assorted documents
- Banking records
The Criminal Assets Bureau also secured a court restraining order in respect of approximately €30,000 in a financial institution.
The raid is part of an ongoing investigation targeting assets linked to a Moldovan Organised Crime Group suspected of being heavily involved in the sale and supply of illicit drugs.
A garda spokesperson said: "This morning’s Criminal Assets Bureau search operation is a significant development in the identification of assets, including property, linked to the Organised Crime Group and acquired with the proceeds of crime.
"In particular the investigation is focused on the purchase and extensive re-development of the residential property that is being searched today."
