- Heavily protected police are executing search warrants around Bankstown
- Pictures show a bearded man being led away from the scene by police
- Search warrants cover allegations of money laundering and proceeds of crime
At least one man has been arrested as heavily protected police raided a home in Sydney’s southwest as part an investigation into allegations of money laundering and proceeds of crime.
AFP and NSW police with assistance from the Australian Border Force are executing a number of search warrants in the Bankstown area relating to allegations of money laundering and dealing in the proceeds of crime, an AFP spokeswoman said.
‘This activity does not relate to any current or implied threats to the safety of the Australian community and as any investigations are ongoing, further details will be provided at a further time,’ she told Daily Mail Australia on Wednesday.
A weatherboard home in Bass Hill, on Chester Hill Road, was raided by the authorities, with riot police seen armed and with heavy protection garments on.
Outside, more police were seen out the front before a bearded man in a white t-shirt and black cut off jeans was led away by officers.
Handcuffed, he was then put into a black van and driven away.
A total of six properties were raided on Wednesday morning, including a semi-demolished house on South Terrace Street in Bankstown, The Daily Telegraph reported.
Police questioned at least three men during their time on the premises.
More to come.
A man appears to have been arrested after early morning police raids in south west Sydney on Wednesday
Police arrived at one home in Bass Hill in droves (pictured) as they executed search warrants related to allegations of money laundering and proceeds of crime