Gardaí arrest one man in connection to €488,000 cash seizure

Gardaí have arrested one man in connection to the seizure of €488,000 in cash located in a heavy goods vehicle on Monday, January 10.

According to a Garda spokesperson, at approximately 8:15pm on the date in question, personnel attached to the Garda National Drugs & Organised Crime Bureau (GNDOCB), intercepted a heavy goods vehicle, having exited the Port Tunnel at Dublin Port.

“In the course of the search of the vehicle, cash totalling €488,000 was located and seized,” Gardaí say.

“Today, in the course of the relevant investigation, the GNDOCB arrested one (1) male, age 34 years.

“He is currently detained, pursuant to the provisions of section 50 of Criminal Justice Act, 2007, at Mountjoy Garda station, Dublin.

“The detained person was arrested arising from suspicion associated with his alleged involvement in an offence of participating in the activities of a criminal organisation, to facilitate money laundering, relating to the suspected proceeds of drug trafficking, pursuant to the provisions of section 72 of Criminal Justice Act 2006.”

Detective Chief Superintendent Seamus Boland, who is head of bureau at the GNDOCB, today said: “The outcome of this operation today reflects the fact that, in 2022, the GNDOCB will continue to prioritise the targeting of assets that are believed to be proceeds of crime, with a view to seizing the assets and initiating prosecutions in relation to those suspected to be engaged in money laundering and associated offences”.

The investigation is ongoing and further updates will follow.