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$25m worth of Cocaine bound to US seized in Colombia

A reported 738 kilogram of cocaine has been seized in Southwest Colombia.

A Officer from the Colombian intellegence agency stacking the drugs, with an estimated street value of $25 M - Photo: EFE / CARLOS ORTEGA
A Officer from the Colombian intellegence agency stacking the drugs, with an estimated street value of $25 M - Photo: EFE / CARLOS ORTEGA

The Colombian intelligence service seized over 738kg of cocaine which was hidden in secret compartments of two trucks which were parked in the town of Yumbo, Valle del Cauca.

According to a statement from the DAS, Colombia’s state intelligence service, the drugs were bound to the United States and with the street value being an estimated $25 million.

The DAS officials said on Thursday that the cocaine was located by detectives within two trucks in secret compartments.

Authorities believe the cargo was on it’s way to the west of the country where the cargo could be shipped to the United States via the Pacific Ocean.

There were no arrests during the operation and the Colombian police are still looking for the people who own the trucks.

Officials believe that the drugs might belong to the Norte del Valle Cartel, which is the biggest and most dangerous drugs organisation in Valle del Cauca.

Colombia is currently the biggest cocaine producing country, in the world with 90% of the entire world belonging to the Latin American country as well as 70% of all coca plants in the entire world which cocaine is made of.

The $25 million dollar seize is no doubt a blow to the Colombian drug cartel but is a very small proportion of the drug compared to the street value of Cocaine in 2005 at $70 billion.

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