Cars, money and jewellery have been seized in searches carried out by the Criminal Assets Bureau in Kildare and Dublin today.

A Garda negotiator, backed by an armed intervention unit, secured the peaceful surrender of a man, armed with a knife, who had barricaded himself into his home with three children.

A 36-year-old man arrested yesterday on suspicion of money laundering offences has been released without charge.

A well-known criminal from the Crumlin area of south Dublin is the main target of the operation, which was carried out this morning and involved several armed units.

The Criminal Assets Bureau is leading a major operation targeting a criminal “unknown” suspected of laundering the proceeds of the Kinahan crime cartel.