€23,000 in cash; a Rolex Watch valued at €8,000; a significant quantity of designer goods; documentation in relation to financial and property transactions; and assets, in excess of €200,000 were seized during a CAB operation in Co Meath yesterday.
The investigation is focussed on the assets of an international organised criminal group.
It is believed the group is involved in the cultivation, sale and supply of controlled drugs through a network of cannabis grow houses.
It is also understood to be involved in laundering the proceeds of criminal conduct.