DUBLIN: Over €295,000 in cash was seized at Dublin Port on Thursday by officers from Revenue’s Customs Service.
The cash was discovered as part of an ongoing operation targeting ‘the shadow economy.’
‘The shadow economy’ refers to dealings that take place purely in the form of cash transactions, such as for illicit products or legal items that are not declared for tax purposes.
In one operation, around €288,000 was seized from an Irish male travelling from Dublin Port to Holyhead.
In a second, approximately €9,000 was seized from an Irish male arriving in Dublin Port from Holyhead.
The seizures took place on Thursday under the Proceeds of Crime legislation.
On Friday, officers were granted a three-month detention order by Judge Coghlan in the Criminal Courts of Justice to carry out further investigations.
Businesses or members of the public who have any information regarding smuggling are asked to contact Revenue in confidence on free phone number 1800 295 295.
