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UK authorities seize cocaine worth more than $130 million from a ship at London port (apnews.com)

submitted 6 days ago by HellsBelle@sh.itjust.works to c/world@lemmy.world

5 comments fedilink hide all child comments

British authorities seized 2.4 metric tons of cocaine in a ship arriving in England from Panama, authorities said Saturday, calling it one of the U.K.’s biggest drug busts in years.

The drugs, valued at 96 million pounds ($132 million), were found under containers on a vessel at London Gateway port, east of the British capital. The shipment was discovered after what officials said was an intelligence-led operation.

Britain’s interior ministry, the Home Office, said it was the sixth-largest cocaine seizure on record.

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[–] Paragone@lemmy.world 1 points 3 days ago

Someone pointed-out to me that when the police declare the value of siezed-drugs,

it is significantly to their political advantage to misrepresent the value as being MUCH higher than it actually was..

Therefore I'd legislate, to prevent that corruption from having any home, that police could identify the mass, & the grade, of whatever they'd seized, but not the "value", so as to make it so that they didn't even have any motivation to lie ( thereby saving them from some bad karma )..

However, this valuation looks backwards?

( mind you, I've no actual idea how much the stuff is worth, on the streets )

$132_000_000 / 2_400_000g = $55/g

that doesn't seem right, if it's uncut?

( ttbomk, it's nearly-impossible to get clean drugs at the end-purchase: they're ALWAYS cut with SOMETHING..

I remember some years ago, the police were warning people out on the West coast of North America, that there was some .. perhaps cocaine? .. going around that was killing people because it wasn't cut, so everybody was getting the dosage wrong.. )

Anyways, this is just a public service announcement to say that EVERY time you see such a statement by police, a mass of drugs, for some specific "value", please do the calculation yourself, & see if what they're saying even makes any sense..

In this case I think they were undervaluing the stuff, but that's just a guess ( as I've no actual idea what drugs go-for, to the end-user, or at any stage of the chain, actually ), & maybe my impression that cocaine was a $100/g drug is just some impression I got from 1980's movies?

Entirely possible..

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