The man has been charged with a total of 43 charges, including being concerned in supply of a class B drug, possession of class B controlled drug with intent to supply, possession of class B controlled drug and conspiracy to transfer criminal property.
He is expected to appear by video link before Derry Magistrates’ Court on Saturday, June 12.
As is normal procedure all charges will be reviewed by the Public Prosecution Service.
He will also be reported to the PPS for the offence of possession of a firearm with intent to endanger life and conspiracy to be knowingly involved in the fraudulent evasion of a prohibition on the importation of goods.
Four other men, arrested as part of the same investigation, have already appeared before Derry Magistrates’ Court charged with a number of offences.
Two were bailed while the other two were remanded in custody.
Eight men and one women were arrested as part of a two-day operation by PCTF against the INLA in Derry and across the North West.
Searches were also carried out in Donegal and Dublin as part of the investigation into the INLA’s drug dealing activities.
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