Two men have been arrested and released on bail as part of an HM Revenue and Customs (HMRC) investigation into an alleged £2m VAT fraud linked to the transport industry in Northern Ireland and the Republic of Ireland.
HMRC officers conducted searches at business and private addresses in counties Down and Tyrone on Tuesday, seizing cash and business records related to the allegations.
Both men were questioned by investigators, and enquiries are ongoing, HMRC confirmed.
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