Following an operation related to an ongoing crime investigation into alleged money laundering activities of approximately €29 Million by an organised crime gang, Detectives from the Garda National Economic Crime Bureau (GNECB) arrested a suspect on Thursday 17th October 2019 in Co. Louth for an offence contrary to Section 72 Criminal Justice Act 2006. The suspect was detained at Dundalk Garda Station under the provisions of Section 50 Criminal Justice Act 2007 and was later released without charge. A file will be prepared for the Director of Public Prosecutions. Investigations are ongoing. This is the third arrest to date in this investigation.