Gardaí probe IRA link to €100m property empire

01/02/2006 - 07:26:29
Gardaí in four counties have reportedly carried out a series of raids on homes, offices and businesses in the past week as part of an investigation into suspected IRA money-laundering.

Reports this morning said the raids were carried out in Dublin, Meath, Wicklow and Louth in connection with a €100m-plus property empire that Gardaí believe was built up using the proceeds of crime.

Detectives are now studying documentation seized during the operation to establish if any of the businesses targeted were being used by the IRA to launder money.

This morning's reports said the investigation was focusing on a number of pubs and hotels, but other properties were also under the spotlight, including a housing and business venture in Co Meath.