Over €1m in undeclared cash found since Nov 2018 – Customs

The Customs Department’s Anti-Money Laundering Team has discovered over €1m in undeclared cash since November 2018.

The Department explains that since the creation of the nine-person team almost a year ago, they have been able to control and investigate 48 positive cases of undeclared cash in the last 10 months. Collectively this totalled €1,052,436.

The Customs Department states that this is the result of changes to the Cash Control Regulations, improved information sharing between national and international agencies and the commitment of the Customs team.

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