The Gardaí are investigating possible paramilitary links to a sophisticated counterfeiting operation that was uncovered near Borris-in-Ossory, Co. Laois last week. Four men were arrested when printing presses and other forging equipment was recovered from a pair of trailers that had been buried underground. It's believed the gang were engaged in counterfeiting high-denomination Euro notes.
Some of those arrested have past republican connections including one who is a former senior Provisional IRA figure from the Ballymurphy area of west Belfast. While Gardaí initially said they believed the counterfeiting operation was a purely criminal affair, the possibility of organised republican paramilitary involvement is also being investigated.
Four held after counterfeiting operation smashed | Irish Examiner