Dublin Circuit Criminal Court has heard a local taxi-driver who was nabbed carrying nearly half a million euro in a rucksack, was being paid an average monthly wage of €4,000 by an organised crime gang.

Ross Hanway, of The Beeches, Archerstown Demense, Ashbourne, will be sentenced later this year after he pleaded guilty to possessing €412,000 on May 26th, 2020, which was the proceeds of crime.

Detective Garda Ronan Dillon told the court that accounts discovered by Gardaí showed Hanway was working for a gang which took in more than €12m over the course of 2019.

Judge Melanie Greally adjourned sentencing to October 6th.