Man charged following seizure of suspected drug money

A man has been charged and appeared before the courts in connection with the seizure of half a million euro in cash, believed to be drug money, at the weekend.

Last Sunday, June 28, gardaí seized the cash during raids in Cavan and Dublin.

Personnel attached to the Garda National Drugs and Organised Crime Bureau (GNDOCB) within Organised and Serious Crime, undertook an intelligence-led operation involving the targeting of members of an organised crime group (OCG) who are suspected to be involved in large scale trafficking of controlled drugs and associated money laundering.

In the course of operational activity undertaken in Co Cavan and the northside of Dublin city, a total of five five premises were searched, resulting in a quantity of cash, estimated to be not less than €500,000, being seized.

One male, 38 years, was arrested and questioned at Navan Garda Station. He was subsequently charged and appeared before the courts today (Tuesday) in connection with the alleged incident.

Speaking in relation to the case, Assistant Commissioner O’Driscoll, Organised and Serious Crime said: "This operation demonstrates the continued determination of An Garda Síochána to target organised crime through stopping the flow of money suspected to be proceeds of crime and which provides the motivation for organised crime groups to trade in drugs.”