The Criminal Assets Bureau has raided the house of a man with suspected links to the Hutch crime gang.
The searches took place in the Coolock area of north Dublin this morning.
An Garda Siochana says the following was recovered:
- VW Golf GTI motorcar
- Ladies Rolex Watch
- Computer equipment
- Mobile phones
This search operation is part of an on-going investigation targeting the proceeds of crime.
Gardai say the operation is significant in the context of the overall investigation.
The investigation is primarily related to the purchase of property and expenditure on refurbishment and extensions.
A second search is being conducted at a professional office in Dublin.