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Sunday, March 19, 2024
By Steven L. Taylor

Via BBC: Colombia makes $540m cocaine haul

The Colombian authorities have seized a shipment of cocaine with a street value of $540m (£300m) on board a ship in the Caribbean port of Cartagena.

They found the cocaine, weighing 2.7 tons (2,700kg), in a disinfectant container during a routine inspection.

The police said the Italian-registered vessel was bound for Mexico.

[...]

The cocaine was thought to belong to the main right-wing paramilitary group, the AUC.

A lot of cocaine, to be sure. As always, I remain skeptical that it will be enough to seriously affect supply and price, but we shall see.

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