Arrests Made at Sydney Fish Market in Multi-Million Dollar Cocaine Haul
Police have seized cocaine at two New South Wales locations as part of a major investigation into a smuggling ring based out of Chile.
On Christmas night, police raided a ship at Sydney Fish Market and brought in about 500kg of cocaine estimated to be worth $162 million.
The Sydney Morning Herald <a href="http://www.smh.com.au/nsw/police-smash-cocaine-ring-at-sydney-fish-market-in-christmas-day-raids-20161228-gtj1vu.html" target="_blank">reported</a> they had used a shipping vessel named Dalrymple to ferry drugs between <span class="caps">NSW</span> ports and a larger ship stationed out at sea that held drugs smuggled from Chile.
In footage released by <span class="caps">NSW</span> Police, some of the alleged offenders can be seen in handcuffs at a ship docked at the Sydney Fish Markets in Pyrmont.
A further 600kg of cocaine destined for Australia, estimated to be worth about $197 million, <a href="http://www.news.com.au/national/nsw-act/crime/police-smash-cocaine-ring-at-sydney-fish-market-in-christmas-day-raids/news-story/393b076e0d2a3afb4ed67daaa60c7b6a" target="_blank">was seized in Tahiti</a>. The estimated total street value of the haul is about $360 million, according to police.
Among the 15 men arrested in relation to the syndicate are a former <span class="caps">NRL</span> star and Bondi cafe king, the Daily Telegraph said in a <a href="http://www.dailytelegraph.com.au/news/nsw/alleged-cocaine-ring-busted-in-series-of-christmas-day-drug-raids/news-story/176db3ec167f96ef52f627e5a8280c76" target="_blank">report</a>.