Update 7.30pm: Gardaí are continuing to question six people in connection with a series of raids by officers investigating an international drugs gang.
Five men and a woman were arrested today and €250,000 was seized after the operation across Dublin.
They are suspected of being involved in money laundering with cash made from drug trafficking in Australia and New Zealand.
Update - 1.56pm: Gardaí release photos of €250k, some hidden in a mattress, seized in Dublin raids linked to Australia and New Zealand
Gardaí have released photos of some of the cash they seized in today's raids in Dublin.
The raids were carried out at a number of addresses in the greater Dublin area.
They seized around €250,000 in cash and arrested six people, five men aged 27 to 31 and one woman aged 24, on suspicion of money laundering offences. They are being held at various Dublin Garda stations.
Assistant Commissioner John O’Driscoll of Special Crime Operations, said: "This is further evidence of the enhanced level of co-operation that An Garda Síochana, and Special Crime Operations, in particular, have engaged in in recent times with a view to tackling the organised crime gangs that operate at an international level.”
11.31am: Gardaí investigating drug links to Australia make number of arrests in Dublin raids
Gardaí investigating a criminal gang in Ireland with links to a cocaine dealing operation in Australia have made a number of arrests.
The arrests were made in a series of raids of at least six premises in Dublin where more than €200,000 has been seized so far.
It is being reported that Australian police have also made some arrests over the last weeks in connection with the investigation.
It is believed that after the cocaine is sold in Australia, the money is being laundered in Ireland.
Officers from the Drugs and Organised Crime Bureau, which is investigating the activities of the Kinahan crime gang, are investigating and the searches continue.