National
Spain breaks up important cocaine importing network
By h.b. - Jun 20, 2008 - 7:34 PM
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A joint operation between the National Police, Guardia Civil and the Agencia Tributaria, has completely broken up an International group of drug runners which had introduced large amounts of cocaine into Spain.
A total of 21 arrests of Spaniards, Colombians, Peruvians and Romanians have been made on the Canaries, in Madrid and in Barcelona.
568 kilos of cocaine, with a street value of more than 30 million €, has been recovered in Las Palmas with 850,000 € in cash, with the group believed to have been expert in laundering the money from their dealing.
A series of luxury cars were impounded including Ferrari, Maserati, Lambourghini and Hummer.
Investigators think the group were especially active in bringing the drug from Latin America in general, and Venezuela in particular, into Spain and Africa by sea and air.
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