A man has been arrested after €500,000 in cash was seized by gardaí from the National Drugs and Organised Crime Bureau on Sunday.
The man, 38, is currently being detained at Navan Garda Station.
He was arrested after gardaí undertook an intelligence-led operation involving the targeting of members of an organised crime group who are suspected to be involved in large scale trafficking of controlled drugs and associated money laundering, according to a garda spokesperson.
In the course of operational activity undertaken in Co Cavan and the northside of Dublin city, a total of five premises were searched, they added, resulting in a quantity of cash, estimated to be at least €500,000, being seized.
"This operation demonstrates the continued determination of An Garda Síochána to target organised crime through stopping the flow of money suspected to be proceeds of crime and which provides the motivation for organised crime groups to trade in drugs,” said Assistant Commissioner, Organised and Serious Crime John O'Driscoll.