Two BMWs and three watches have been seized in CAB raids in Dublin and Kildare.
Officers from the Criminal Assets Bureau as well as gardai searched five homes and businesses today.
Three bank accounts containing €340,000 were identified and restrained during the operation.
Devices and documents were also seized.
Gardai say it's part of a CAB proceeds of crime investigation, into a person linked to an East European Organised Crime Group involved in drug trafficking.
The Criminal Assets Bureau (CAB) seized two vehicles, three designer watches and restrained three bank accounts during a search operation in counties Dublin and Kildare today. pic.twitter.com/PsyRaxA6ve
— Garda Info (@gardainfo) May 12, 2022
A garda spokesperson says: The Criminal Assets Bureau (CAB) conducted a search operation in counties Dublin and Kildare today, Thursday 12th May 2022.
"The search operation was conducted by Bureau officers and supported by the Emergency Response Unit (ERU), the Garda National Drugs and Organised Crime Bureau (GNDOCB), Tallaght District Drug Unit, Naas District Drug Unit, the Stolen Motor Vehicle Investigation Unit and the Customs Dog Unit.
"The operation involved searches at five locations including residential and commercial addresses.
"Three bank accounts containing funds of €340,000 were identified and restrained during the course of the operation. In addition, the following assets were also seized:
• 212 Registration BMW X6• 141 Registration BMW X5 • Breitling Watch • Two Armani Watches
"Electronic devices and documentation were also seized during the course of the search operation.
"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."