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‘Cocaine drought’ as $280m worth of Netflix-branded blocks seized

The Australian Federal Police says it has seized 700 kilograms of cocaine price $280 million and branded with the phrase Netflix from a container ship at Port Botany.

The Singaporean vessel Maersk Inverness docked in Sydney final month, the place Australian Border Power officers uncovered 700 kilograms of the drug hid in denim baggage inside a container marked as containing wooden merchandise.

Twenty-eight denim bags containing 25-kilogram bricks of cocaine were seized.

Twenty-eight denim baggage containing 25-kilogram bricks of cocaine had been seized.Credit score:Australian Border Power

Twenty-eight denim baggage, every containing a 25-kilogram brick of cocaine branded with the phrase Netflix and the numerals 5 and 365, had been seized by authorities on July 22.

The ship had docked in ports in South and Central America earlier than arriving in Sydney.

“We’re nonetheless investigating the place the medicine had been loaded and who was planning to gather them in Australia,” the AFP’s Detective Inspector Luke Wilson mentioned.

“The interception of this quantity of medicine can be a major blow to a well-resourced syndicate, and prevents hundreds of thousands of {dollars} of drug revenue flowing again into the syndicate to fund their lavish life or subsequent felony enterprise.

The so-called “cocaine drought” in Sydney in the mean time means sellers of cocaine can command as much as $400,000 per kilogram, federal police say.

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