Search CAB seize luxury watch during search linked to money laundering and drugs

The watch seized can retail for over €80,000

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May 07 2022 01:32 PM

The Criminal Assets Bureau (CAB) have seized luxury watches during searches in North County Dublin.

Two residential properties, a yard with sheds and stables and three professional searches by solicitors and accountants led to the seizure.

CAB, with the assistance of the Garda Emergency Response Unit, the Garda Stole Motor Vehicle Investigation Unit, the Garda Mounted Unit and the Revenue Customs Dog Unit conducted the search on the morning of Friday May 6th.

An Audemars Piquet (Royal Oak) Watch, which can retail for over €80,000, electronic storage devices, mobile phones and documentation relating to financial accounts and property transactions were all discovered.

The seizure came as part of a CAB investigation into the the assets of an individual suspected to be involved in money laundering and the sale and supply of controlled drugs in North County Dublin.