Seven people have been arrested and funds of more than €1 million seized after searches by the Criminal Assets Bureau in the Dublin and Wicklow areas today.Gardaí said cash totalling €733.499 was seized, with a further €301,594 of funds frozen in Irish bank accounts.Gardaí said seven people were arrested for money laundering offences contrary to Section 7 of the Criminal Justice Money Laundering and Terrorist Financing Act, 2010.
They said the operation was part of an ongoing intelligence-led operation targeting foreign nationals involved in the laundering of the proceeds of crime, accumulated by Irish-based organised crime groups.
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