Issue Date: 10/02/2021
The Criminal Assets Bureau (CAB) conducted a search operation in Tipperary and Kilkenny this morning, Wednesday 10th February, 2021.
The search operation targeted an Organised Crime Group (OCG) originating in the Munster and South Leinster region with considerable links across the continent of Europe. Over the course of the investigation assistance was sought from and provided by Europol. Fund transfers in excess of €4 million were identified from other jurisdictions to Irish bank accounts linked to members of the OCG.
The search operation involved searches of four residential properties and a business premises. It was conducted by Criminal Assets Bureau personnel supported by the Emergency Response Unit (ERU) and assisted by local Divisional personnel and the Garda Dog Unit.
This morning's operation has resulted in the freezing of sixteen (16) bank accounts linked to members of the OCG. The accounts contain cumulative funds of €540,000. Other items of note seized today are:
- 201 Volvo XC90
- Financial documents
Today’s search operation is a significant development in an ongoing CAB investigation targeting an OCG involved in large-scale money laundering in the Republic of Ireland and Europe.
