Updated 14:10
The Criminal Assets Bureau (CAB) has carried out a series of searches across the country this morning as part of an investigation into organised crime.
Investigators say 40 searches have now been carried out in a series of raids targeting the Kinahan crime gang.
150 gardai are involved in the searches which have been taking place in Dublin, Meath, Limerick and Longford.
As part of the searches, €15,000 in cash has been seized, along with a number of Breitling, Rolex and Cartier watches.
Image: Garda press office
Several vehicles - an Audi Q7, a Mercedes Vito, a VW Golf Mark7 GTD and a Honda Motorcycle - have also been seized.
Images: Garda press office
In a statement, gardaí said: "A freezing order has been made in respect of a substantial amount of money in a bank account.
"A quantity of documents, mobile phones, etc... are being examined by investigating officers."
Detective Chief Superintendent Pat Clavin from the Criminal Assets Bureau has outlined the progress of the operation so far:
40 premises in Dublin, Limerick, Meath and Longford have been searched so far.
The operation is particularly focused on a key figure within the Kinahan gang and his property portfolio.
The man in his 30s is from Dublin’s north inner city and it is understood his home in Meath was searched as part of the raids.
No arrests have been made so far.
The Irish Sun's Stephen Breen says special detectives are targeting the Kinahan cartel, and said this morning's operation also included activity in Longford:
