Germany: Hamburg police seize 2 tons of cocaine worth €100M
Germany: Hamburg police seize 2 tons of cocaine worth €100M
The cocaine was hidden in banana boxes stacked inside a shipping container near Hamburg's port. Police said the drug haul was the result of weeks of undercover investigation.
The cocaine was hidden in banana boxes stacked inside a shipping container near Hamburg's port. Police said the drug haul was the result of weeks of undercover investigation.
Police in the port city of Hamburg have made several arrests after seizing more than two tons of cocaine.
Authorities estimate the drugs have a street value of around €100 million ($112 million).
"This is an outstanding success and one of the largest seizures in an ongoing operation," Hamburg's Interior Minister Andy Grote said.
Police said they found the cocaine on Wednesday afternoon when they searched a shipping container in the district of Rothenburgsort, near Hamburg's port. Inside, they allegedly found the cocaine hidden in banana boxes.
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What percentage of illicit imports is this bust? Does it even make a dent? Not to sound like a party pooper... but why do we even still care about this?
They found around 35 tons last year. It had no impact on the market at all. Street prices and availability didn't change.