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Busan Coast Guard seizes 105 bln won worth of cocaine

Busan Coast Guard seizes 105 bln won worth of cocaine

In the southern port city of Busan, the Coast Guard captured 35 kilograms of cocaine from a container ship, officials said Saturday.

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The drug has a street value estimated at 105 billion won (US$93.94 million) and is enough to be taken simultaneously by 1 million people, the authorities said.

The packages were discovered on a Liberia-flagged vessel leaving Colombia on Dec. 15 and arriving at Busan New Port on January 19. Their envelopes had a scorpion-shaped emblem, which Colombian drug cartels commonly use, Coast Guard stated.

After being tipped off that a large amount of cocaine was hidden there, the authorities monitored the 140,000-ton vessel. 

There were Greek, Russian and Ukrainian crew members on the ship. 

Maritime Business World 

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