By Carmel Hayes
A MAN is in custody at Portlaoise Garda Station following the seizure of over €1 million in cash on the M7 motorway today.
The 45-year-old is being detained for questioning in relation to the raid, which happened at about 6.30am this morning.
The cash was seized by members of the Garda National Drugs and Organised Crime Bureau (GNDOCB) as part of an ongoing investigation into organised crime.
Follow-up searches in the midlands resulted in the discovery of an additional sum of cash, estimated to be about €10,000.
In a media statement this evening, gardaí said they intercepted a van on the M7 in the Kildare area, as part of ongoing investigations targeting organised crime.
On searching the van, they found and seized more than €1 million in cash. One man was arrested ‘on suspicion of involvement in the activities of a criminal organisation, to facilitate money laundering related to the suspected proceeds of drug trafficking’.
He is being held at Portlaoise Garda Station under Section 50 of Criminal Justice Act 2007 and investigations are ongoing.
Gardaí said the large quantity of cash is “estimated to be in excess of €1m, subject to conclusion of counting”.
Assistant Garda Commissioner John O’Driscoll said: “An Garda Síochána continues to pursue organised crime groups who are believed to involved in supplying illicit drugs within our communities, the motivation for which is financial gain.
“We again today have made a significant advance in our attempt to dismantle organised crime groups, by locating and seizing the suspected proceeds of their criminal activity.
“Despite our significant commitment to tackling issues associated with the Covid-19 pandemic, at this time, An Garda Síochána remains focused on protecting communities from serious and organised crime, including cyber enabled crime, drug trafficking and associated money laundering.”