Queensland yacht raid nets near-record 464kg cocaine haul The Australian: "ALMOST half a tonne of cocaine has been seized on a yacht near Brisbane in one of the biggest drug busts in Australian history. Three New South Wales men have appeared in Queensland Magistrates Court and were remanded over the haul.
The seizure followed a tip-off from US authorities, which federal Home Affairs Minister Brendan O'Connor said showed how important 'good, working relationships'' with overseas counterparts were to tackle the 'transnational challenge'' of crime.
An estimated 464kg of cocaine - worth about $160 million - was allegedly discovered on the yacht, moored at the Scarborough Marina, about 40km north of Brisbane.
Australian Federal Police and Customs raided the yacht, which was allegedly delivered the drugs from a 'mother ship'' that was sitting 800km off the Queensland coast and is now being towed to Brisbane."
The seizure followed a tip-off from US authorities, which federal Home Affairs Minister Brendan O'Connor said showed how important 'good, working relationships'' with overseas counterparts were to tackle the 'transnational challenge'' of crime.
An estimated 464kg of cocaine - worth about $160 million - was allegedly discovered on the yacht, moored at the Scarborough Marina, about 40km north of Brisbane.
Australian Federal Police and Customs raided the yacht, which was allegedly delivered the drugs from a 'mother ship'' that was sitting 800km off the Queensland coast and is now being towed to Brisbane."
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