Italian authorities seize cocaine from Panama worth millions

By Dialogo
February 20, 2012

ROME – Italian customs officers became suspicious when they found bags of “sugar” addressed to a company that had nothing to do with food processing, only to discover cocaine worth millions of euros.
The 114 kilograms (251 pounds) of “extremely pure” cocaine were in a container unloaded from a freighter from Panama that docked at the southern port of Gioia Tauro, the customs service said on Feb. 18.
Destined for the north of Italy, the cocaine’s street value was put at some €20 million euros (US$26.5 million), the customs service said, adding that police anti-mafia units also were involved in the investigation.

[AFP (Panama), 18/02/2012; (Panama), 18/02/2012]