A huge 拢2.6million in euros and sterling notes has been recovered following a police operation into suspected money laundering. Two business premises and two homes were searched by the PSNI and National Crime Agency in the Newry area of south county Down. A statement from the NCA said: “Cash totalling more than 拢2.6million has now been seized as part of a National Crime Agency investigation into suspected money laundering in Newry. “Following searches of two businesses and two residential properties, a total of 拢882,695 and 1,055,495 euro was recovered by NCA officers as suspected criminal funds. A further 拢692,140 and 223,490 euro had previously been seized by PSNI officers, working in partnership with the NCA, in earlier disruptions. “The 26-year-old man, also of Newry, arrested on June 19, has been bailed as the investigation continues.” For all the latest news, visit the Belfast Live homepage here and sign up to our daily newsletter here.