A MAN was arrested on suspicion of money laundering after Border Force officers seized £400,000 at Portsmouth ferry terminal yesterday.
Officers carrying out checks on vehicles preparing to leave the UK on a ferry bound for Santander, Spain, stopped a British-registered lorry.
Cash totalling £400,000 was found inside the lorry’s trailer and the driver – aged 43 and from Brighton – was arrested on suspicion of money laundering at about midday on Wednesday
He was bailed to return to Portsmouth police station on February 15 next year.
The money was seized under the Proceeds of Crime Act.
At Southampton Magistrates’ Court yesterday, magistrates agreed a further detention of four months to allow investigations to continue and for the driver to provide evidence of the money’s origins and its intended use.
Andy Lumb, from Border Force, said: ‘Where our officers suspect that cash may be linked with criminal activity, we have the power to seize it and it will only be handed back if it is later proved to be legitimate. We’re working hard to prevent drugs, contraband, illegal immigrants or the proceeds of crime from crossing our border.’