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Georgia Busts Cocaine Ring as 2 Million Euros Cash Found Buried

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    Georgia Busts Cocaine Ring as 2 Million Euros Cash Found Buried

    June 3 (Bloomberg) -- Georgian police broke up a criminal ring that was smuggling cocaine from South America through the former Soviet republic to Europe, discovering about 2 million euros buried in a western village in the process.

    "The cash came from selling as much as 90 kilograms of cocaine from countries like Panama, Colombia and Peru," Interior Ministry spokesman Shota Utiashvili told reporters in the capital Tbilisi today. "The drugs were hidden among scrap metal that arrived at Poti," a Black Sea port, he said.

    Police have detained as many as five members of the gang, Utiashvili said. Authorities suspect that Georgian criminals living abroad are involved, he said, adding that a team of Georgian detectives will travel to Spain as part of their investigation.

    The money was found buried in the village of Geguti in the Tsqaltubo region, Utiashvili said.


    Wednesday, June 2, 2010

    http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/06/02/bloomberg1376-L3FX6M1A74E9-1.DTL

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