The home of another prominent south businessman is currently being searched by police in an extensive operation that began just after 6 am.
Three homes have so far been searched, but police have not released details about the motive for this exercise.
Police sources tell Guardian Media this is an intelligence-driven exercise linked to a narcotics investigation.
CNC3 has been reliably informed that officers are currently at a home on Sea View Avenue, Gulf View, La Romain where another search is being conducted.
This is a developing story.
Reporting by Mark Bassant