STOCK MARKET BSE NSE

Australian police make record seizure of methamphetamine

Officials valued the drug seizure at an eye-popping $680 million.

Published: 05th April 2017 08:57 AM  |   Last Updated: 05th April 2017 08:57 AM   |  A+A-

An officer of the Australian Federal Police investigates the concealment of methamphetamine in Melbourne, Australia in a image provided on April 5 by the police. (Photo | AP)

By Associated Press

MELBOURNE: Australian police have seized 903 kilograms (1,990 pounds) of crystal methamphetamine that was smuggled from China inside boxes of hollow floorboards — the largest ever haul of the illicit drug in Australia, officials said Wednesday.

Law enforcement agencies valued the seizure, mostly found in a Melbourne warehouse in February, at almost 900 million Australian dollars ($680 million).

Two Australian men, aged 53 and 36, had been charged with commercial drug trafficking and face a potential life prison sentence if convicted, police said. Police are searching for another two suspects in Melbourne.

Australian Federal Police Assistant Commissioner Neil Gaughan described the concealment of the drug inside 70 boxes of wooden floorboards as "quite complex, quite unique."

Gaughan said police knew the identity of the syndicate that supplied the methamphetamine, best known in Australia as ice. He would not be more specific than to say the drug originated from somewhere in Asia.

Justice Minister Michael Keenan praised Australia's cooperation with China's National Narcotics Control Bureau which he said had stopped 7.5 metric tons (8.3 U.S. tons) of drugs from reaching Australian streets. Australia was the only Western country that had a joint taskforce with the Chinese bureau based at the port city of Guangzhou.

"It is a very serious blow to organized crime around the country," Keenan said of the latest seizure.

Australia has a population of only 24 million, but its drug users are prepared to pay some of the highest prices in the world for the contraband.

Criminals could sell ice for prices 80 times higher in Australia than they could in China, Keenan said.

Australia's previous largest haul of ice was almost 880 kilograms (1,940 pounds) seized in Sydney in November 2014. The country's largest seizure of cocaine was made in February when a yacht was intercepted off the east coast carrying 1.4 metric tons (1.5 U.S. tons) of the drug.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp