Offices raided in money-laundering probe

Police investigating a suspected money-laundering operation carried out a series of raids in Derry today.

The investigation is not connected with the £26.5m (€38.1m) Northern Bank robbery, said the PSNI.

Computers, filing cabinets full of documents, fax machines, photocopiers and other items were seized for examination during searches of offices at Waterloo Street and Harvey Street, said a spokesman.

A house at Victoria Road in the Waterside was also searched.

No arrests were made as part of a police operation which is set to continue.

Despite ruling out a Northern Bank connection it is understood links to republican and loyalists paramilitaries and the alleged money laundering has not been ruled out by detectives.