As part of an ongoing investigation targeting serious organised crime Gardaí attached to the Garda National Drugs and Organised Crime Bureau (GNDOCB) intercepted a vehicle on the M4 motorway in West Dublin this morning at approximately 7.30am.
Gardaí conducted a search of the vehicle and its occupants.
During the course of the search, cash to the value of €200,000 (subject to counting) was seized.
A garda spokesperson said:
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“Two men, aged 24 and 47, were arrested for the offence of money laundering pursuant to Section 7 of the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010.
“Both men are currently detained under Section 4 of the Criminal Justice Act, 1984 at Lucan Garda Station.
“Investigations are ongoing.”