US, Australia massive international drugs bust nets US$700 million of cocaine

A joint US and Australian law enforcement operation arrested an international drugs ring after intercepting 2.4 tonnes of cocaine aboard a vessel off the coast of South America that had been bound for Australia.

The cocaine, linked to a Mexican drug cartel, had a street value of around A$1 billion (US$677 million), and was equivalent to half of Australia’s estimated annual consumption, making the seizure one of the biggest that Australian police have been involved in.

Twelve suspects have been arrested and charged in the case, Western Australian state police said in a statement on Saturday, releasing details for the first time of an operation that began last November when the US Drug Enforcement Administration (DEA) intercepted the vessel.

Western Australian police substituted the cargo with identically packed fake cocaine and dropped it roughly 40 nautical miles west of state capital Perth on December 28.

Three suspected members of the “Australian arm of a drug syndicate” with 1.2 tonnes of fake cocaine were arrested on December 30, after allegedly making three trips out through rough seas to collect the packages.