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Source: New Zealand Police (National News)
Police are announcing its third instalment in a trilogy of operations targeting and disrupting Auckland’s high-end money launderers.
Early this morning members of the Financial Crime Group, assisted by the Armed Offenders Squad and staff from across Tāmaki Makaurau, terminated Operation Ida.
Twelve search warrants were executed across the city, including at a Newmarket business and at numerous residential addresses.
Operation Ida sees Police restraining more than $10.2 million in assets and making 10 arrests as part of the investigation.
Four properties and three vehicles, worth more than $10 million, have been restrained in St Heliers, Kumeu and New Lynn.