LAST UPDATE | 20 Nov 2022

A MAN HAS who was arrested following the seizure of €45,000 in cash and two cars in a house in Meath has been released without charge.

The man, who is in his 50s was arrested on suspicion of theft yesterday.

A file will now be prepared for the Director of Public Prosecutions.

The seizure was part of an ongoing investigations into false claims allegedly made under the Employment Wage Subsidy Scheme (EWSS), which was introduced during the Covid-19 pandemic.

It is being investigated that claims were made using the names of employees from companies that were not trading during the pandemic. These claims were made without the knowledge of the companies or these employees, Gardaí said.

Approximately €250,000 was paid into bank accounts which were set up with false passports.