Half of bank raid cash recovered

12 April 2012

At least half of the cash stolen in Ireland's largest ever bank robbery - a 7 million euro (£6.2m) 'tiger' kidnap raid - has been recovered.

The cash was seized when a man was arrested after a chase along the M50 motorway around. Two bails of cash containing some 4 million euro were recovered, according to Gardai sources.

A smaller amount of loose cash was found in another car at Philsboro in the north of the city.

Six men and a woman, arrested during a fast moving operation after officers identified a north Dublin crime gang as prime suspects for the heist at the Bank of Ireland landmark branch in central Dublin, remain in custody .

They are being held under Section 30 of the Offences Against the State Act and can be held for up to 72 hours before they have to be charged or released.

Their ages range from the early 20s to late 30s, said a Garda spokesman. They are being questioned at five Garda stations across Dublin - Blanchardstown, Bridewell, Finglas, Mountjoy and Pearse Street.

Five cars and a van seized during the Garda operation are being examined by forensic experts and ten houses have been searched.

Elite Garda and detective units sprang into action following the robbery when a junior bank employee, Shane Travers, was forced to take wads of brand new notes from company safes on College Green as his girlfriend Stephanie Smith, her mother Joan and Joan's six-year-old grandson were held hostage at gunpoint.

Six armed men forced their way into the Smith family home in rural Co Kildare - where Mr Travers had been watching TV - and held the family overnight.

He was forced to drive to the bank at 7.00am and fill laundry bags with cash before opening time after the women and little boy were tied up and bundled into a van and driven from the house. He handed the money over at the railway station at Clontarf.

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