Gardaí investigating potential money laundering offences here in the Tipperary Garda Division since early December this year, have yesterday seized over €90,000 in cash and arrested one man, latter understood to be aged in his early 40’s.
Following on from intelligence received by Gardaí, a search operation was conducted at 11 addresses across Co. Tipperary yesterday. These searches included identified residential and business premises, from which the following items were seized during the course of the Garda probe: –
- Over €90,000 in cash.
- Two Rolex watches.
- High value designer goods.
- Extensive financial documentation.
The male arrested was detained for questioning at Tipperary Garda Station under Section 4 of the Criminal Justice Act, 1984.
We understand the arrested male has since been released without charge, while a file is being prepared for the Director of Public Prosecutions, (DPP).
Further investigations are continuing.
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