Luxury watches, high end car and cash seized by Criminal Assets Bureau in three Dublin raids

Money has also been frozen in a bank account.

High end watches, a car and cash have been seized by the Criminal Assets Bureau following a number of raids in Dublin on Thursday.

The raids took place in Dublin 1, 10 and 22 this morning, with an additional raid taking place in Wexford.

Audi car seized by CAB

Local gardai in  North Dublin also assisted with the raids, which were targeting drugs gangs based in the north inner city.

They seized a number of items including:

• Three Rolex Watches

 • A Breitling Watch

 • €2,000 cash 

• 142 Audi Q5

 • Mobile Phones 

• Financial Documentation

Sources have said that the raids were focused on a North Inner City based criminal who is allegedly engaged in the lucrative prescription drugs trade.

A source said: "The man is linked to both the Hutch side and the Kinahan side but it is not believed to involve either of those gangs.

"He is alleged to have been selling large quantities of xanax and other drugs in the north inner city and this has drawn the attention of profilers."

The raid in Dublin 10 was at a solicitor's office while the Dublin 22 was at the home of a woman linked to the man from Dublin 1.

Gardai also seized €10,000 in frozen accounts in a "financial institution" as part of their investigation.

Meanwhile in County Wexford was in relation to other offences related to the sale of caravans.

There were no arrests and investigations are ongoing.

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Criminal Assets Bureau Dublin
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