US Coast Guard, Brit Navy Seize $380M in Cocaine
Nearly 5.5 tons discovered under concrete floor of fishing boat
By M Papenfuss,  Newser Staff
Posted Sep 28, 2009 2:46 AM CDT
Cocaine bales are stacked on board a fishing boat off the coast of South America after they were discovered in a joint British Navy-US Coast Guard operation.   (AP Photo/Ministry of Defense)
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(Newser) – The British Navy and US Coast Guard have seized a record $380 million worth of cocaine on a fishing boat off the coast of South America.  The boat was searched for 24 hours before investigators broke up the concrete floor with sledgehammers and discovered 5.5 tons of the drug wrapped in bales. Several drug runners of several nationalities were busted, and the boat was sunk by gunfire, reports the BBC.