Four designer watches, jewellery and clothing have been seized by the Criminal Assets Bureau in Co Waterford.
At around 7:30am this morning, CAB officers - assisted by the Emergency Response Unit - conducted a planned search of a property in Kilmeaden.
They were following up on an operation conducted last week which targeted a Cork based organised crime gang.
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Following this morning's search four Rolex watches, four rings, a fur coat and two designer handbags were seized.