New Zealand police find 3.5 tons of cocaine worth $316M in Pacific Ocean

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New Zealand police find 3.5 tons of cocaine worth $316M in Pacific Ocean
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New Zealand police find 3.5 tons of cocaine floating on Pacific Ocean, valued at $316 million

New Zealand police said Wednesday they found more than 3 tons of cocaine floating in a remote part of the Pacific Ocean.New Zealand police said Wednesday they found more than 3 tons of cocaine floating in a remote part of the Pacific Ocean after it was dropped there by an international drug-smuggling syndicate.

New Zealand Police Commissioner Andrew Coster said the cocaine had been dropped at a floating transit point in 81 bales before it was intercepted by a navy ship, which was deployed to the area last week. The ship then made the six-day trip back to New Zealand, where the drugs were being documented and destroyed.

"We believe there was enough cocaine to service the Australian market for about one year, and this would be more than New Zealand would use in 30 years," Coster said.

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