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Bank accounts containing more than 260,000 euros were frozen on Wednesday as part of two ongoing investigations by the Criminal Assets Bureau (CAB).
The first investigation began after contact on Tuesday by a US federal agency investigating a company involved in the illegal manufacture of drugs.
The United States federal agency had identified an Irish bank account that was being used to receive funds as part of this crime and for transmission to a bank account in another country.
CAB opened an investigation in cooperation with the US agency and around 150,000 euros were later frozen in an Irish bank account.
A Garda spokesman said the investigation is ongoing.
Operation Thor
The second investigation is part of CAB’s involvement in Operation Thor, which targets organized crime groups involved in robberies and robberies across the country.
Wednesday’s actions are a continuation of the October 29 CAB trade, where searches were carried out in Dublin and Wicklow. During those raids, cash, watches and designer clothes were seized.
Subsequent CAB investigations identified an additional bank account belonging to this particular gang and another € 110,000 was frozen, bringing the total as part of this particular CAB investigation to € 358,000.
The Garda spokesman said Wednesday’s operation was “another significant advance” in the investigation into the band’s assets.
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