Luxury cars and watches seized in ‘significant’ CAB raid spanning two counties

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A number of cars and watches were seized following a major raid by the Criminal Assets Bureau (CAB) today.

The findings came after five residential and commercial addresses were searched during a multi-agency operation in Co Dublin and Co Kildare.

Three bank accounts containing funds of €340,000 were identified and restrained during the course of the investigation.

Read more: CAB and gardai seize €51,000, cars and luxury items in massive Kildare sting

The following assets were also seized:

• 212 Registration BMW X6
• 141 Registration BMW X5
• Breitling Watch
• Two Armani Watches

CAB officers found luxury cars and watches during the search
(Image: CAB officers found luxury cars and watches during the search)

Additionally, electronic devices and documentation were also discovered during the raid.

A garda spokeswoman said: “This morning’s search operation was conducted as part of a CAB proceeds of crime investigation, into assets accrued by an individual linked to an East European Organised Criminal Group (OCG) which is involved in drug trafficking.

“Today’s operation marks a significant development in the ongoing CAB proceeds of crime investigation.”

Read more: Criminal Assets Bureau target close associate of senior Kinahan cartel member

Read more: Money from Criminal Assets Bureau raids to go to crime-ravaged communities

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