Two men have been arrested after one million euro in cash was seized in Dublin during a raid by the Garda drugs unit.
A money counting machine and financial ledgers were also found.
Officers at the Garda National Drugs and Organised Crime Bureau searched a property in the Knocklyon area of Dublin 16 on Thursday as part of an investigation targeting serious and organised crime.
Two men aged 35 and 44 were arrested on suspicion of facilitating/enhancing the ability of an organised crime group to commit a serious offence, and were detained at a Garda station in Dublin.
Assistant Commissioner Justin Kelly, head of the serious and organised crime unit, said: “This substantial seizure of cash shows the vast profits being made by transnational organised crime groups who inflict such damage upon our communities.
“It should also be clear from this that there is a direct link between personal-use drugs consumption and the pernicious activities of such groups.
“We in An Garda Siochana are determined to disrupt the drugs networks bringing drugs into our country and to make Ireland a hostile environment for these criminals to operate.
“Targeting such money laundering operations is a key strategy for our organisation, as this removes cash that would otherwise be reinvested by such groups into further criminal activity, and it strikes at the heart of the criminal business mode.
“I commend the dedication and professionalism of all the Gardai involved in this most recent operation.”
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.