Gardai made one arrest and seized €4 million in cash following searches at properties in Laois and Kerry yesterday.
It is being reported that this is the biggest seizure in the history of the state.
On Wednesday September 30, personnel attached to the Garda National Drugs and Organised Crime Bureau (GNDOCB) undertook searches of two premises, one located in Laois and the other in Kerry.
These searches were carried out in the course of targeting the suspected criminal activities of a particular organised crime group, believed to be involved in drug trafficking at an international level.
In the course of the two searches, investigating members located and seized a quantity of cash estimated to total €4,000,000 (subject to completion of counting) along with three motor vehicles.
A male, 46-years-old, was arrested on suspicion of having committed an organised crime related offence and is currently detained at Tralee Garda Station, pursuant to organised crime-related legislation.
Speaking today, Assistant Commissioner John O’Driscoll who heads Organised and Serious Crime, called this a ‘serious achievement.
He said: “An Garda Síochána, through its Organised and Serious Crime (OSC) section continues to target criminal activity associated with organised crime groups with a particular focus on depriving those concerned of the proceeds of their criminal activity.
“The seizure yesterday by the Garda National Drugs and Organised Crime Bureau (GNDOCB) of cash, potentially to the extent of €4 million, bringing to €8 million the total amount of cash seized by GNDOCB so far this year, is another important achievement, reflecting our determination to dismantle particular organised crime groups.”