Gardaí from the Garda National Economic Crime Bureau (GNECB) arrested one man and seized €40,000 in cash in Drogheda on Wednesday 6th July 2022.
GNECB Detectives conducted searches in Co. Louth as part of Operation Triassic, a money laundering investigation into a West African organised crime group 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.
The mas was detained in Drogheda Garda Station under the provisions of Section 50 of the Criminal Justice Act, 2007 but has since been released without charge.
A file will now be prepared for the Director of Public Prosecutions and investigations are ongoing.
Operation Triassic is a money laundering investigation into a West African Organised Crime Group (OCG) that is being conducted by investigators at the Money Laundering Investigation Unit (MLIU) at the Garda National Economic Crime Bureau (GNECB).
There have been six previous arrests as part of Operation Triassic.
