Posted by Computers, phones, over €100,000 and high end watches seized by CAB in Dublin
1st April 2021
Computers, phones, over €100,000 and a number of high end watches were seized by the Criminal Assets Bureau (CAB) in Dublin on Wednesday.
Gardai said that a CAB search which took place at one house in Dublin was connected to ‘a significant drug trafficker operating within this jurisdiction’.
The investigation was referred to CAB by the DMR West Roads Policing Unit after over €150,000 in cash was seized prior to Wednesday’s operation.
The overall investigation is looking into to the accumulation of property and assets funded with the proceeds of crime.
During the course of this morning’s search, Gardai seized €64,000 in cash
and froze €40,833 which was stored in a bank account.
Officers also found €45,000 worth of cocaine and cannabis along with a number of high end watches.
Three Rolex watches, one Hublot watch and one Audemars Piguet watch were taken by Gardai after they were found at the home.
Computers, drives, phones and documentation in relation to property ownership pertinent to the investigation were also taken.
A Garda spokesperson confirmed that one man had been arrested following the search and he remains detained.
The spokesperson said: ‘One man was arrested during the course of the search and is currently detained under Section 4 Criminal Justice Act, 1984 at a Garda station in Dublin.
‘This morning’s search operation is a positive development in an on-going Criminal Assets Bureau investigation targeting assets accumulated by a significant drug trafficker.’
