Man charged over €3.7m cash seizure
Updated / Friday, 2 Oct 2020 21:06
A 46-year-old man has been before a special sitting of Fermoy District Court charged in connection with the seizure of almost €4m in cash in Co Laois and Co Kerry.
Darren Hoey of Oak Drive, Ballincollig, Mountmellick, Co Laois was charged with two counts contrary to the Criminal Justice Money Laundering and Terorist Financing Act 2010.
He is charged with engaging in the possession of property that was the proceeds of criminal conduct, namely €3m in cash, at Farranstack, Lisselton, Co Kerry on 30 September.
The charge was brought contrary to Section 7 (1) A of the Criminal Justice-Money Laundering Act.
He faces a second similar charge of engaging in the possession of property that was the proceeds of criminal conduct, namely €694,845 in cash, at Ballacollig, Mountmellick, Co Laois on 30 September.
Detective Sergeant Liam Brennan of the Garda National Drug and Organised Crime Bureau gave evidence of arrest, charge and caution.
He told the court that when both charges were formally put to the defendant at Tralee Garda Station he made no reply.
Judge Brian Sheridan was told by Inspector Tony O’Sullivan said that gardaí were applying for the defendant to be remanded in custody to appear again before Tralee District Court next week.