Menu
05/09/2003
Police seize $6bn in suspect bonds and drugs
It has emerged that police have seized suspect US bonds worth £4.4 billion ($6 billion) as part of a major investigation into a Colombian drug trafficking cartel.
The bonds, intercepted during raids organised by the national Crime Squad in London and southern England, are currently being examined to see if they are authentic.
Colombian authorities in Bogota, who released some details of the operation, said that the bonds had been seized along with money and drugs.
It is understood that officers found the bonds as a raid was conducted on a house in conjunction with Customs and Excise officials in July this year. In the operation goods, including cars and a quantity of jewellery, worth around £7 million were also seized.
It is reported that nine people have so far been charged in connection with drugs offences in the UK.
Colombian authorities have arrested two people in the course of their investigations and have hailed the operation as a substantial blow to a cartel engaged in organised international drug trafficking and money laundering.
Details of the operation in July were kept under wraps as a subsequent follow-up operation was mounted in August and ongoing investigations by Colombian authorities could also have been jeopardised.
(SP)
The bonds, intercepted during raids organised by the national Crime Squad in London and southern England, are currently being examined to see if they are authentic.
Colombian authorities in Bogota, who released some details of the operation, said that the bonds had been seized along with money and drugs.
It is understood that officers found the bonds as a raid was conducted on a house in conjunction with Customs and Excise officials in July this year. In the operation goods, including cars and a quantity of jewellery, worth around £7 million were also seized.
It is reported that nine people have so far been charged in connection with drugs offences in the UK.
Colombian authorities have arrested two people in the course of their investigations and have hailed the operation as a substantial blow to a cartel engaged in organised international drug trafficking and money laundering.
Details of the operation in July were kept under wraps as a subsequent follow-up operation was mounted in August and ongoing investigations by Colombian authorities could also have been jeopardised.
(SP)
Related UK National News Stories
Click here for the latest headlines.
12 October 2010
Children Safeguarded In Major Operation
Twenty eight children have been safeguarded as part of a major operation carried out by the Metropolitan Police in east London this morning. The operation involved potential victims of a Romanian-based Roma gang of child traffickers.
Children Safeguarded In Major Operation
Twenty eight children have been safeguarded as part of a major operation carried out by the Metropolitan Police in east London this morning. The operation involved potential victims of a Romanian-based Roma gang of child traffickers.
17 June 2013
Bonds For Shares Plan Unveiled To Save Co-op Bank
A rescue plan to fill a £1.5 billion hole in the Co-operative banks balance sheet has been unveiled. A major part of the plan is to offer bond holders the chance to buy shares in the bank – a move to generate capital called a "bail in".
Bonds For Shares Plan Unveiled To Save Co-op Bank
A rescue plan to fill a £1.5 billion hole in the Co-operative banks balance sheet has been unveiled. A major part of the plan is to offer bond holders the chance to buy shares in the bank – a move to generate capital called a "bail in".
29 May 2015
23 Charged With Drug Offences Following Raids
More than 20 people have been charged with drug offences following a number of raids carried out in London, Gravesend, Dover and Deal. A total of 23 people were arrested during twenty raids carried out over three days. The suspects, ranging in age from 17 to 52, have all been charged in connection with the supply of class A drugs.
23 Charged With Drug Offences Following Raids
More than 20 people have been charged with drug offences following a number of raids carried out in London, Gravesend, Dover and Deal. A total of 23 people were arrested during twenty raids carried out over three days. The suspects, ranging in age from 17 to 52, have all been charged in connection with the supply of class A drugs.
07 September 2009
Brixton Drug Gang Get Long Sentences
A gang of criminals who ran a lucrative drug dealing network from a car tyre shop in Brixton were sentenced last week to a total of 81 years in prison. Nine men, who were previously convicted of conspiracy to supply class A drugs, appeared at Kingston Crown Court today to hear their sentences.
Brixton Drug Gang Get Long Sentences
A gang of criminals who ran a lucrative drug dealing network from a car tyre shop in Brixton were sentenced last week to a total of 81 years in prison. Nine men, who were previously convicted of conspiracy to supply class A drugs, appeared at Kingston Crown Court today to hear their sentences.
23 November 2007
Gloomy Outlook For Financial World
As the USA got back to work today after the Thanksgiving celebrations, stock brokers there could be forgiven for wanting to run the holiday on for a day or two – or possibly a few weeks. The holiday has this year been marked by global stock markets suffering yet another day of steep falls over the severity of the credit crisis.
Gloomy Outlook For Financial World
As the USA got back to work today after the Thanksgiving celebrations, stock brokers there could be forgiven for wanting to run the holiday on for a day or two – or possibly a few weeks. The holiday has this year been marked by global stock markets suffering yet another day of steep falls over the severity of the credit crisis.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
