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Criminal Assets Bureau take possession of large Killarney property

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By Sean Moriarty
The Criminal Assets Bureau (CAB) has taken possession of a large property, nine high end cars, cash and expensive watches in Killarney following a court order in relation to ‘Operation Tarmac’.
Yesterday morning (Thursday), CAB officers sealed off a house in the Upper Ballycasheen area in a planned follow-up to the previous 'Operation Tarmac' raids that date back to 2017. CAB disconnected the water and electric supply and fitted an alarm to the property, which is now in the ownership of the State.
Personnel from Killarney Garda Station were instrumental in 'Operation Tarmac' - one of the biggest CAB has ever investigated into deception crimes - which includes laying poor quality tarmac and over charging for minor repair works.
The gang is reported to have struck in almost every county in Ireland as well as Britain and mainland Europe.
An undercover operation involving Killarney-based Gardai under the direction of Superintendent Flor Murphy started four years ago.
The officers, known a 'Profilers', receive additional Garda training from CAB. Local Gardai conduct the initial investigation and report their findings to CAB.
“This is all down to the Gardai in Killarney who started the investigation and then handed over their findings to CAB who then did what they do best,” a Garda spokesperson told the Killarney Advertiser.
'Operation Tarmac' was before the High Court in Dublin on Tuesday. Yesterday's possession was part of the completion of that operation and the State now officially owns the property and assets.
During the court sitting CAB were also given permission to take possession of nine vehicles which included five BMWs, two Volkswagen Passats, one Audi, one Mercedes with an estimated retail value of €500,000 seized previously as part of the investigation.
Four bank and credit union accounts, totalling €177,104 were frozen at the time, have now been turned over to the State.
Cash to the value of €126,605 and GB£6,935, seized in earlier operations, have now become official State property too as well as 12 luxury watches, and a Louis Vuitton Bag.
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