Administrators from the Drugs and Organised Crime Bureau (DOCB) swooped on two hallmarks in the Islandbridge area of Dublin city, where they discovered the substantial sum of cash.
In total about €120,000 in notes was seized during Thursday’s loot. Gardai believe the money came from the proceeds of crime.
A man in his 30s was stopped for money-laundering offences, and has since been released without charge. A row will now be prepared for the DPP.
This man has close links to slain James Kenny McDonagh, whose carry ons were discovered in the Wicklow mountains in January 2010.
Sources have also revealed that the offence group, which is mainly based in Ballyfermot, has become one of the primary suppliers of cocaine in the west Dublin ground.
An associate of one of Desmond’s many victims is also a senior member of the pack and criminals linked to the group targeted in the money-laundering operation are currently being studied for Desmond’s murder.
The ‘Guinea Pig’ was shot dead in Griffeen Valley Parking-lot, Lucan, last month.
The 41-year-old career criminal was the suspect in at lilliputian four murders and had also been investigated for several serious blitzkriegs, as well as the rape of minors.
He was charged but never convicted of the horrific Canal Slaughters in 2000.
The suspect list for Desmond’s murder is extensive due to his links with a issue of groups during his 20-year involvement in crime.
However, a primary concentration of detectives’ inquiries is whether a gang who attempted to murder Desmond in 2010 were behind his genocide last month.
During the April 2010 incident, three man inspected to shoot the ‘Guinea Pig’ as he drove a quad bike in the Memorial Park, Ballyfermot.
Although this commotion was never reported to gardai, officers identified the three men allegedly mixed up with in the botched hit.
At least one of the men involved in that attack is linked to the gang who were targeted in Thursday’s deal.
Ken Foy & Robin Schiller