Gardai have arrested a man in his 40s after seizing a large sum of cash in Co Louth on Wednesday morning.
Officers attached to the Garda National Economic Crime Bureau made the arrest on July 6, as part of Operation Triassic, a money-laundering investigation into a West African Organised Crime Group.
Detectives arrived on the scene to conduct the searches which resulted in the seizure of €40,000 in cash.
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The man was taken into custody on suspicion of committing offences contrary to Section 72 of the Criminal Justice Act, 2006.
He is the seventh person to be arrested as part of this investigation and is currently detained in Drogheda Garda Station as investigations continue.
A statement released by An Garda Siochana this evening confirmed: “Gardaí from the Garda National Economic Crime Bureau (GNECB) arrested one male yesterday, Wednesday 6th July 2022, as part of Operation Triassic, a money-laundering investigation into a West African Organised Crime Group.
“Detectives from GNECB conducted searches in Co. Louth yesterday morning which resulted in the seizure of €40,000 in cash.
“A man in his 40s was arrested on suspicion of committing offences contrary to Section 72 of the Criminal Justice Act, 2006.
“He is currently detained in Drogheda Garda Station under the provisions of Section 50 of the Criminal Justice Act, 2007.
“Investigations are ongoing.”
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