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Two arrested after over €260,000 sezied in Dublin and Louth

£185,000 (approximately €213,000) and €48,700 in cash, along with several mobile phones were recovered
£185,000 (approximately €213,000) and €48,700 in cash, along with several mobile phones were recovered

Two men have been arrested on suspicion of money laundering for an organised crime group following searches in north county Dublin and Co Louth.

Members of the Garda National Drugs & Organised Crime Bureau intercepted a vehicle in north county Dublin on Saturday shortly before 9pm.

As part of Operation TARA, searches were also carried out at two houses and one business premises in north county Dublin and in Co Louth.

During the course of the operation, gardaí recovered £185,000 (approximately €213,000) and €48,700 in cash, along with several mobile phones.

Two men, aged in their 20s, were arrested under Section 72 of the Criminal Justice Act for allegedly facilitating money laundering activities on behalf of an organised crime group.

They are currently being held at a garda station in Dublin under the provisions of Section 50 of the Criminal Justice Act.

Gardaí have said that investigations remain ongoing.