Seven arrested in Belfast bank robbery; more than $4m seized
DUBLIN -- Irish police arrested seven people, including a member of the IRA-linked Sinn Fein party, and seized millions of dollars suspected of being stolen in the December robbery of $50 million from a Belfast bank, the biggest cash theft in history, authorities said yesterday.
In the biggest of several coordinated raids targeting IRA money-laundering operations across the Republic of Ireland, police said they recovered at least $4.4 million during a raid on one house in the village of Farran, 10 miles west of the southwest city of Cork.
Police also seized approximately $155,000 at one property in the Douglas section of Cork City. Police arrested three men and a woman in the Cork-area raids but did not specify where each occurred.
Police said the operation began Wednesday night with the arrests of three men at Dublin's Heuston train station.
Detectives trailed a suspected major money-launderer from Cork who, after stepping off the train in Dublin, allegedly was caught delivering a suitcase containing $122,000 in laundered euro notes to two men from Londonderry, Northern Ireland.
A team of more than 100 detectives, including specialists from the national force's fraud squad and criminal assets section, had planned the raids for weeks in hopes of finding the $50 million stolen Dec. 20 from the main cash vault of Northern Bank in Belfast, police said.
Detectives backed by forensic teams were expected to search several other properties in the Cork area, all of which have been secured, in the coming hours.
Police could not immediately confirm whether any of the seized money was stolen from the Northern Bank. They said the $155,000 recovered in the Douglas raid consisted of Northern Bank-produced notes.
"This is a massive operation, and our top priority must be first and foremost to finish the searches at hand before we examine the cash itself in greater detail," one detective told The Associated Press on condition of anonymity.
Police, in keeping with usual practice, refused to identify any of the arrested people by name.
Sinn Fein declined to immediately comment. The party previously has stressed it believes IRA denials of involvement in the robbery.
But the British and Irish governments and all other political parties in both parts of Ireland have blamed the IRA.
