Nineteen people have been arrested and 14 charged so far in an ongoing operation led by Irish police (Garda) targeting organised crime, drug trafficking and associated money laundering centred on the city of Limerick.

Some of the charges, knowingly possessing large cash sums linked to the proceeds of crime, have been made under the Criminal Justice Money Laundering & Terrorist Finance Act 2020.

According to latest reports, 65 homes, businesses and land were searched, a total of €421,000 ($500,000) in eight bank accounts frozen and €145,000 in cash seized.

Additionally, ten horses, including a stallion worth an estimated €50,000, horse box valued at €10,000, three luxury cars and five designer watches were confiscated.

The Garda has also taken possession of €8,000 of cannabis, €2,000 of cocaine and drug paraphernalia.

More than 400 police officers plus army, revenue and customs, Criminal Assets Bureau and other personnel carried out the searches.

The latest searches are part of the Garda’s ongoing Operation Coronation, which is mainly targeting drug dealing and associated money laundering across Munster province, including Limerick, in southwestern Ireland. A series of raids took place in June 2020.

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