An operation targeting the wealth of an eastern European drugs gang has resulted in the seizure of 23 vehicles.
The multi-agency operation, which was led by the Criminal Assets Bureau (Cab), was directed against a well-established organised crime group led by criminals from Albania.
The group, which is based in west Dublin and has deep ties to Irish organised crime groups, has amassed significant wealth through the international cocaine trade.
Its leadership has been the subject of increasing attention from gardaí and other law enforcement bodies in the last year.
High levels of air pollutants that can cause respiratory, heart and brain issues found in Dublin hotspots
Leo Varadkar is right: basic maths should not flummox a minister or any of us
Dublin hotel bar manager accused of ‘defrauding customers’ by adding 10% service charge to bills
Soc Dems suspend Eoin Hayes for giving incorrect information about sale of shares from firm linked to Israeli military
“Today’s action marks significant progress in the ongoing proceeds of crime investigation,” the Cab said in a statement.
The Cab officers believe the gang has been using the used car trade to launder much of its drug money.
In an operation that began on Wednesday morning, 130 gardaí and Cab officers raided 14 properties, including a second-hand car dealership.
The Cab officers were supported by armed officers from the Emergency Response Unit and the Armed Support Unit as well as gardaí from Dublin Metropolitan Region West, the Stolen Motor Vehicle Investigation Unit and officers from Customs Dog Unit.
The seized vehicles included high-end jeeps including Range Rovers, BMWs, Porsches and Mercedes.
Officers also confiscated or froze funds worth €400,000 and an amount of cannabis. Devices, hard drives, files and other documents of evidential value were also seized.
- Sign up for push alerts and have the best news, analysis and comment delivered directly to your phone
- Join The Irish Times on WhatsApp and stay up to date
- Listen to our Inside Politics podcast for the best political chat and analysis