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newsApr 17, 20261:07

Ireland Auctions Seized Gold for National Treasury

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Irish police auction off seized gold bullion, raising nearly €1.4 million for the national treasury, as part of their efforts to disrupt organized crime syndicates and keep streets safer.

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Ireland Auctions Seized Gold for National Treasury

Belfast News Today | 2 Min News | The Daily News Now!

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Belfast News Today | 2 Min News | The Daily News Now!Ireland Auctions Seized Gold for National Treasury. Machine-transcribed; use the interactive transcript above to jump the player to any line.

It's April 17th. This is Europe News Today, AI-powered stories shaping Europe. I'm Cory with the story. An all-mind auction of gold bullion seized by Irish police has already pulled in almost 1.4 million euros. That's from bars and coins grabbed during busts on organized crime in Dublin. The whole sale should top 2 million euros with every cent heading straight back to the national treasury. This haul came from the Dublin Crime Response team's work under the proceeds of crime act. They're targeting gangs in the Dublin metropolitan region, hitting them where it hurts by taking away their dirty money. Law enforcement seized this as a big win in the fight against crime syndicates. Officials say stripping these profits disrupts operations and keeps the streets safer by cutting off the cash flow. The auction, run by Wilson's auctions and open to anyone, kicked off at 1pm today. To wrap up at 1pm on Monday 20th of April, so bids are still flying in. Turning seas loot into public funds like this shows how the system works to reclaim

what's owed to the people, keeping the pressure on criminals without mercy.

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