A Criminal Assets Bureau led investigation conducted a search operation today in three counties, seizing 115 vehicles and a large sum of cash.
In total, eight searches were conducted at two homes, two car sales outlets and four professional businesses - including a solicitor, an accountant and a finance company - in counties Limerick, Tipperary and Dublin.
A bank account held by one car sales business was frozen by a Court Order.
The following was seized:
Documentation in relation to the ownership of assets, financial documentation, mobile phones and electronic storage devices were seized and are currently being examined by Bureau Officers.
The CAB investigation centres on an Organised Crime Gang involved in the sale and supply of controlled drugs in the Limerick City and County areas, and who suspected of being involved in laundering the proceeds of their criminal conduct through a Car Sales Outlet in Limerick City, gardaí say.
No arrests were made.
The search was assisted by Garda Emergency Response Unit (ERU), the Garda National Drugs and Organised Crime Bureau (GNDOCB), the Garda Stolen Motor Vehicle Investigation Unit (SMVIU), the Garda Technical Bureau and the Garda Dog Unit.
Investigations are ongoing.
The Criminal Assets Bureau (CAB) is conducting a search operation this morning targeting the assets and activities of an organised crime gang based in the Limerick city and county areas.
Searches are being conducted in counties, Limerick, Tipperary and Dublin.
The CAB investigation centres on an organised crime gang involved in the sale and supply of controlled drugs in the Limerick city and county areas.
The gang is believed to be laundering the proceeds of their criminal conduct through a car sales outlet in Limerick city.
The search operation is currently ongoing and no further details are available.