Luxury car, drugs and cash seized in CAB raids targeting organised crime

By COLIN BARTLEY

CARS, drugs and cash were seized in significant Criminal Assets Bureau (CAB) operation targeting the proceeds of crime in neighbouring Waterford this morning.

CAB officers raided two locations in Waterford city and arrested one man as part of an operation targeting organised crime across the region.

Two vehicles, a 191-registration Volkswagen Arteon and a 151 registration Volkswagen Passat, were seized during the operation, under the Proceeds of Crime Acts 1996 and 2016.

Officers also found quantities of cocaine, MDMA and cannabis, as well as €1,000 in cash during the raid.

A man in his 30s has been arrested and is currently being detained under Section 4 of the Criminal Justice Act at Waterford Garda Station.

The CAB officers were assisted by the Regional Armed Response Unit, Waterford District Detective Office and the Revenue Customs Office Dog Unit, during the operation.

A Garda spokesperson said: “This morning’s search operation is a significant development in an on-going investigation targeting assets deriving from the proceeds of crime in the Waterford area.

“This operation further indicates the effective operation of the Asset Profiler Programme whereby local gardaí can suggest likely local lower and mid-tier targets for consideration by the Criminal Assets Bureau.”