Homes in Erskineville, Canterbury and Kingsgrove were ransacked as New South Wales Police seized $15 worth of drugs
The 28-year-old was accused of six drug offenses.
Both have been denied bail and will appear in Burwood District Court on July 13.
According to police, the drugs seized were worth more than $15 million.Credit: NSW Police
The 29-year-old was charged with handling crime assets worth less than $100,000.
He has been granted strict conditional bail and will appear in Burwood Magistrates’ Court on July 25.
On Thursday, police simultaneously executed eight other search warrants in Berala, Granville, Lidcombe, Bankstown, Potts Hill, Burwood, Haymarket and the CBD.
During the searches, police seized designer watches, jewellery, a liquid believed to be GBL (a precursor to GHB), phones and papers.
$8 million worth of assets were also frozen by the NSW Crime Commission.
Five men were arrested in the attack.Credit: NSW Police
A 51-year-old man was arrested at the Sydney address and taken to Day Street Police Station.
He was charged with 13 criminal offenses, including seven counts: knowingly dealing with the proceeds of crime with intent to conceal them, recklessly dealing with proceeds of common crime with intent to conceal them, knowingly directing the activities of a criminal organization and less dealing with Criminal Assets Persons valued at more than $100,000 and $10,000 or more dishonestly obtain financial advantage by cheating and using false documentation to obtain property.
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He was refused bail and will appear at Downing Center Magistrates’ Court on Friday.
A 26-year-old man was arrested in Berala and taken to Auburn police station.
He was accused of knowingly handling the proceeds of crime in order to conceal them, dishonestly obtaining financial advantage through deception, etc., using a false document to obtain property and joining a criminal organization to have connected.
He has been granted conditional bail and will appear in Burwood Magistrates’ Court on July 20.
NSW Police Detective Inspector Grant Taylor said the attack was important in the fight against transnational organized crime networks.
“Transnational organized crime networks know there is a lot of money to be made here in Australia from the exploitation of both legitimate and illegal industries – but they have to get past us first,” he said.
“The Drugs and Firearms Division and Organized Crime Squad work in unison with the best investigators attacking these syndicates from every angle, and these resolutions are examples of that.”
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