REVENUE HAS UNCOVERED this large oil laundering plant in Inniskeen, Co Monaghan which had the potential to cost the Exchequer €10 million a year.
In an intelligence-led operation supported by gardaí, officials uncovered the large plant in Drumboat yesterday.
The plant had the capacity to launder 20 million litres of fuel each year, which represents a potential loss of €10.5 million to the State of the oil made its way into the market place.
The oil laundering plant and a mobile oil laundry concealed in an oil tanker were found in a commercial yard.
Officials seized 50,000 litres of laundered fuel, three oil tankers, two stationary tanks and ancillary equipment from the site. Revenue said today that toxic waste was also uncovered.
A 42-year-old man was arrested and taken to Carrickmacross Garda Station. Investigations are ongoing with a view to prosecution.
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