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Massive Colombia Cocaine Seizure Shows Signs of Underworld Shake-Up

Massive Colombia Cocaine Seizure Shows Signs of Underworld Shake-Up”

"Thanks to a police operation with overseas intelligence, from friendly countries, the largest seizure in history was made", President Juan Manuel Santos said at a police base where the cocaine was laid out in packages on display. More than twelve tons of cocaine were discovered stored underground in banana farms near the Colombia-Panama border. The seizure was conducted by a combined task force of 400 anti-narcotics officers. The value of the cocaine is around $360 million United States dollars.

You probably have a friend who would read that and think, "Yeah, try me". As a result, the haul breaks down to an average street price of $60 per gram.

Police seize more than 10 tonnes of cocaine from Colombia's top crime gang, the biggest haul ever in the nation's long-running fight against drug trafficking.

The operation is part of an offensive against the powerful Gulf Clan, a drug trafficking gang.

The police seized cocaine that is estimated to worth over Rs 2,300 crore in the USA market in a three-day operation that also saw some arrests being made.

In September, Otoniel told the government he wanted to turn himself in after the USA offered a reward of up to $5 million for information leading to his capture or death. Police have already confiscated 362 tons of coke, beating 2016's total with 317 tons.

According to the US Drug Enforcement Administration, Colombia produces 910 tonnes of cocaine every year. The U.N. Office on Drugs and Crime claim coca cultivation territories have increased by 52 percent previous year.



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