CAB seize drugs, cash and valuable watches during midlands search

As part of ongoing investigations the Criminal Assets Bureau (CAB) conducted a search operation in the midlands today, Thursday 6 May.

Two residential addresses and a property under construction were searched during the course of the operation by Bureau Officers supported by personnel from Tullamore and Portlaoise Detective Units, Eastern Regional Armed Support Unit (ASU), Customs Dog Unit and local Dog Wardens.

Investigators seized €80,000 in cash; cocaine with an estimated street value of €210,000; a quantity of cannabis worth €10,000; and financial documentation.

The drugs will be forwarded to FSI for analysis.

Other property seized included -

• 12 high high value branded watches : Hublot, Rado, Audemars Piguet, Rolex and Patek Philipe

• Designer goods including: Celine and Jimmy Choo brands

• 2Gs Saddle

A man (30s) and woman (40s) were arrested and are currently detained under Section 2 of the of the Criminal Justice (Drug Trafficking) Act, 1996 at garda stations in the midlands.

This morning’s operation was conducted as part of an ongoing CAB investigation into property and assets funded with the proceeds of crime.

The assets identified include property which were accumulated by an east European criminal group involved in the sale and supply of controlled drugs in this jurisdiction.