Kinahan crime cartel targeted in early morning raids across Dublin and Limerick
Luxury watches, top of the range cars and 15,000 euro cash have been seized so far.
The Criminal Assets Bureau and Irish police have launched raids across Dublin and Limerick in a planned operation against a major crime gang.
Approximately 15,000 euro in cash, as well as several luxury watches and top of the range cars, have been seized so far.
The raids are targeted at Dublin-based members of the notorious Kinahan crime cartel, which also operates out of Spain.
CAB, assisted by Gardai, conducted a search operation in Dublin and Limerick this morning.— CAB (@criminalassets) February 23, 2018
Approx €15,000 was seized along with a number of watches (Breitling, Rolex, Cartier), and vehicles. See furtherhttps://t.co/Bj2rdMMIZZ pic.twitter.com/M45nfvVmT0
Around 100 gardai assisted the Criminal Assets Bureau as they launched searches at a number of properties across Dublin and Limerick early on Friday morning.
So far, 18 residential premises have been searched and a number of other raids are ongoing.
Along with the 15,000 euro in cash, a number of other items have been seized including a number of Breitling, Rolex and Cartier watches, an Audi Q7, a Mercedes Vito, a VW Golf Mark7 GTD and a Honda Motorcycle.
A Freezing Order has been made in respect of a substantial amount of money in a bank account.
Gardai said a quantity of documents and mobile phones are being examined by investigating officers.
No arrests have been made so far, and the search operation is ongoing.
Gardai have confirmed that the CAB investigation is into a Dublin based Organised Crime Gang.