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Cormac O’Keeffe: Cocaine trade on a high as Europe is flooded with the drug

Last Sunday, an improvised submarine was discovered off the northern Spanish coast.

Inside were three tonnes of cocaine, with a street value of €250m.

While such vessels have been used before, particularly to transport massive cocaine consignments to the US,the semi-submersible located off the Galician coast is thought to be first to successfully make the hazardous trip from South America to Europe.

The seizure was led by the Spanish navy, with the involvement of the Portuguese navy, under the co-ordination of MAOC-N, an EU operations task force.

The networks that have flooded Europe with cocaine in recent years are enabled by record production in South America, more gangs involved in importation, huge profits, and increased demand in Europe.

This reality is documented by the European Monitoring Centre for Drugs and Drug Addiction (Emcdda) and Europol, the EU’s drug and police agencies.

Read more...

Source: Cormac O'Keeffe, Irish Examiner, 27th November 2019

Posted by drugs.ie on 11/27 at 09:33 AM in
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