More than £2.6m cash seized in 'money laundering' investigation
The cash was seized as part of a National Crime Agency investigation into suspected money laundering in Newry
- Published
More than £2.6m of cash has been seized as part of a National Crime Agency (NCA) investigation into suspected money laundering in Newry.
The NCA said after searches of two businesses and two residential properties, a total of £882,695 and €1.055m (£902,000) was recovered by its officers as suspected criminal funds.
It said a further £692,140 and €223,490 (£191,028) had previously been seized by Police Service of Northern Ireland officers, working in partnership with the NCA, "in earlier disruptions".
A 26-year-old man from Newry, who was arrested on 19 June, has been bailed as the investigation continues.