| 7.7°C Dublin

International probe CAB freeze bank accounts linked to US drugs trade

Close

Garda

Garda

Garda

Irish bank accounts containing over hundreds of thousands of euro have been frozen today by the Criminal Assets Bureau (CAB) due to a U.S investigation into a drugs operation.

CAB were contacted by the U.S Federal Agency regarding an investigation into a company involved in the illegal manufacture of drugs contrary to U.S law.

American investigators identified an Irish bank account, used to receive funds.

The account was also utilised to transfer to another account in another country.

One account holding €150,000 was subsequently frozen.

CAB then froze another account, as part of an Operation Thor investigation.

That investigation is targeting organised crime groups involved in burglaries and thefts across Ireland.

A Garda spokesman said the operation was a follow-up to the CAB searches on October 29 in Dublin and Wicklow.

CAB identified an additional bank account. Gardai said this “belonged to this particular organised crime group.”

A further €110,000 was frozen in an account.

A garda spokesman said the latest investigation had brought the “total frozen'' as part of this particular CAB investigation to €358,000.

“Today’s operation is seen as another significant development into the investigation into the assets of this organised crime group.”


Sunday World Newsletter

Sign up for the latest news and updates

This field is required This field is required

Download the Sunday World app

Now download the free app for all the latest Sunday World News, Crime, Irish Showbiz and Sport. Available on Apple and Android devices


Privacy