Mulvey is suspected of heading an organized crime group involved in trafficking large quantities of cocaine to England and Wales.
An investigation has revealed that some of the gang's members regularly visited Lithuania and kept in touch with several Lithuanian citizens, the FNTT said.
Another five people were arrested on the same day on suspicion of involvement in an organized crime group, VAT fraud and money laundering. Mulvey is now awaiting extradition.
The agencies involved in the investigation include the National Crime Agency, the West Midlands Regional Asset Recovery Team and HM Revenue and Customs.
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