Armed Criminal Assets Bureau officers targeting criminal gang raid car garage

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Armed Criminal Assets Bureau officers targeting criminal gang raid car garage
13:34 Friday 15th of March 2019
 The Criminal Assets Bureau (Cab) has led a dawn raid on members of a Limerick drug dealing gang suspected of laundering their money through a legitimate car sales business.

Gardaí believe the senior criminals at the head of the criminal network control a large section of the drugs trade in Limerick city and county.

Other units involved were the Garda Emergency Response Unit (ERU), the Garda National Drugs and Organised Crime Bureau (GNDOCB), the Garda Stolen Motor Vehicle Investigation Unit (SMVIU), the Garda Technical Bureau and the Garda Dog Unit.

In total, eight searches were conducted in Cos Limerick, Tipperary and Dublin.

Two homes, two business premises (Car Sales Outlets), four Professional Premises (Solicitors, Accountant and a Finance Company) were searched.

The following were seized:

  • 45  Vehicles
    €43,000 euro and £1,000 cash
  • 1 Rolex watch
  • Documentation in relation to the ownership of assets, financial documentation, mobile phones and electronic storage devices were seized and are currently being examined by Bureau Officers.

    The CAB investigation centres on an Organised Crime Gang involved in the sale and supply of controlled drugs in the Limerick City and County areas, and who suspected of being involved in laundering the proceeds of their criminal conduct through a Car Sales Outlet in Limerick City.

    A Bank Account held by one Car Sales Business was restrained by a Court Order, pursuant to Section 17(2) of the Criminal Justice (Money Laundering and Terrorist Financing) Act, 2010

    No arrests were made.

    Today’s search operation is a significant development in the CAB investigation and will be seen as a major upset to Organised Criminal activity in the Limerick City and County areas.

    They are also the latest crime gang being investigated by Cab on suspicion of using the new and second hand car market as a front for national and international drug dealing.

    The criminals had set up car sales businesses to launder the proceeds of their drug dealing and also give themselves the appearance of having legitimate incomes. They were also using luxury vehicles, some valued at up to € 150,000, as payment for drugs. Photograph: Garda press office
    The criminals had set up car sales businesses to launder the proceeds of their drug dealing and also give themselves the appearance of having legitimate incomes.
    Photograph: Garda press office

    The bureau is currently nearing the end of its investigation into Dublin-based members of the Kinahan crime cartel.

    Some of the key suspects had set up car sales businesses to launder the proceeds of their drug dealing and also give themselves the appearance of having legitimate incomes.

    They were also using luxury vehicles, some valued at up to €150,000, as payment for drugs. This was being facilitated by working with other drugs gangs in the UK that had also established car garages there.

    During this morning’s raid a large team of gardaí for a many of the gang crime units within the Garda raided properties in Limerick, Tipperary and Dublin.

    Garda members used cutting equipment to gain access to one business where vehicles were on sale as armed Emergency Response Unit took up position outside the property.

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