The cache, estimated to be worth $315 million, is large enough to supply the Australian market for a year, and New Zealand’s for three decades, New Zealand Police Commissioner Andrew Coster said.
New Zealand authorities have seized more than three tons of cocaine that was wrapped into 81 bales and cached at a floating transit point in the middle of the Pacific Ocean, in the single largest drug bust in the nation’s history.The cache, estimated to be worth $315 million, is large enough to supply the Australian market for a year, and New Zealand’s for three decades, New Zealand Police Commissioner Andrew Coster told reporters Wednesday. The cocaine — which weighed 3.2 metric tons, or 3.
“That’s their trademark logos,” he said. “In the underworld, it’s like ‘here’s my mark, you can trust me.’” New Zealand authorities declined to reveal operational details of the seizure, including how they had found the drugs. But they said New Zealand’s partners from the Five Eyes Law Enforcement Group — which also includes agencies from Australia, Britain, Canada and the United States — provided assistance. No arrests have been made, police said.
New Zealand’s navy and customs service worked with the country’s police to seize the drugs and ship them on a six-day journey back to New Zealand, where they will be incinerated. The discovery was made as part of Operation Hydros, which began in December and aims to “monitor the movements of suspicious vessels,” New Zealand police
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