One of the vehicles seized by CAB in Newbridge this morning. Pic: Garda Info on Twitter
A huge CAB raid in Newbridge, Co Kildare, this morning resulted in two arrests after eight home addresses and two businesses premises were searched.
€51,000 in cash, Rolex watches, designer bags and several vehicles were seized in the operation.
The operation involved approximately 150 Criminal Assets Bureau Officers and gardaí, comprised of various units, including: the Emergency Response Unit, Tallaght District Detective Unit, Kildare Divisional Detective Unit, Eastern Regional Armed Support Unit, Garda National Immigration Bureau, the Stolen Motor Vehicle Investigation Unit and the Garda Dog Unit.
The search today was conducted as part of an ongoing investigation.
To date, the investigation has identified and restrained seventeen bank accounts containing cumulative funds of €495,000.
Gardaí have called the operation is a significant development in the on-going criminal and proceeds of crime investigations being conducted by the Criminal Assets Bureau and Tallaght District Detective Unit.
This morning’s operation targeted assets including properties accumulated by an organised crime gang, according to gardaí.
The following items were seized:
• €51,000 in cash
• Eight (8) Rolex watches
• Two (2) Chanel Bags
• Canada Goose Jacket
• Three (3) 201 Ford Focus Cars
• 202 Ford Transit
• 202 CITROËN Berlingo
• 191 Volkswagen Golf
Gardaí also arrested two males, one aged 19 and the other aged 40, for an offence contrary to Section 6 (Deception) of the Theft and Fraud Offence Act in respect of a local Garda Investigation.
Both are currently being detained at Tallaght Garda Station.
Subscribe or register today to discover more from DonegalLive.ie
Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.
Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.