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Deny and deprive Vehicles seized from Co Tipperary dealership worth more than €2 million sold by CAB

The CAB investigation was focussed on the assets of an international organised crime group

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A range of vehicles including Range Rovers, BMWs, Audis, Volvos and Skodas as well as flatbed trucks that were seized from a dealership in Co Tipperary last year have been sold by CAB. 

The Criminal Assets Bureau (CAB) confiscated a total of 84 cars and €153,000 from a company bank account in Co Kerry.

The High Court found that the assets, seized last September from a company called Autology run by the Khan family from Lithuania, were the proceeds of crime.

According to RTE, Agne Khan is listed as the 100 per cent shareholder of the company and controlled its bank account along with her brother-in-law Jawad Khan.

His wife, Simona, was company secretary while Agne is married to Khuram Khan.

The High Court found that there was cogent evidence that the Khans and their associates were involved in "complicated mandate frauds", the proceeds of which were used to fund businesses in Ireland and England.

The vehicles, worth €2 million, were seized as part of Operation Bagana.

CAB, working in conjunction police officers from the Economic Crime Bureau attached to West Midlands Police in the United Kingdom, carried out the operation in Counties Clare and Tipperary as part of a cyber-fraud and money laundering investigation in the UK.

The CAB investigation was focussed on the assets of an international organised crime group who are suspected of laundering the proceeds of mandate fraud committed in the UK via a used car outlet in County Tipperary.

Searches were conducted at two residential premises and one business premises in County Clare, and two residential and one business premises in County Tipperary. The search of the one business premises in County Tipperary, a used car outlet, remains ongoing.

The search operation involved CAB, the Emergency Response Unit, the Stolen Motor Vehicle Investigation Unit, the Garda National Immigration Bureau, the Garda Technical Bureau and were assisted by the Revenue Customs Dog Unit.

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Speaking about the operation at the time, the Chief Bureau Officer, Detective Chief Superintendent Michael Gubbins said: “Today’s search operation is an example of the ongoing cooperation between the Criminal Assets Bureau, An Garda Síochána and UK Police Forces in the investigation of International Organised Criminal Groups.

"Our activities are in furtherance of the CAB mission to deny and deprive.”

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