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Customs seizes record HK$760m cocaine haul

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Clifford Lo

A joint operation between Hong Kong and US authorities has led to the city's biggest seizure of cocaine.

Some 649kg of the drug, with an estimated street value of HK$760 million, was discovered in a shipping container that arrived from Ecuador on Wednesday, following a tip-off from the US Drug Enforcement Administration.

It eclipsed the previous record haul by more than 80kg.

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Three local men have been arrested and customs believes it has smashed a syndicate which transports the drug from South America.

The haul was worth about HK$15 million in the underground wholesale market in South America, but could fetch HK$760 million in the city, one senior official said.

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The container was on a list of shipments considered suspicious by US authorities and referred to Hong Kong customs as part of a joint operation codenamed 'Surfing Coke'.

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