Authorities say about half a tonne of cocaine has been kept off the streets thanks to this week's huge drug bust in south-east Queensland. More than 460 kilograms of the drug was found on a luxury yacht at a Brisbane marina on Tuesday.
Three New South Wales men appeared in court yesterday and have been remanded in custody on drug charges.
Australian Federal Police deputy commissioner Andrew Colvin says it will be alleged the cocaine was imported from South America on a larger boat, before being transferred at sea.
"The luxury boats that were intercepted and the technologies employed on those vessels is some evidence of the finances available to organised crime when they're conducting these operations," he said.
"But this seizure has put a large hole in the financing of organised crime in this country."
Source http://www.abc.net.au/news/stories/2010/10/14/3038650.htm?section=justin
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