Four people were arrested for possible ties to the more than USD 1 billion worth of cocaine seized in recent days in Uruguay, the largest drug bust in the history of the South American country.
The arrests took place on Saturday, news outlets reported. Authorities found 5.9 tons of cocaine, 4.4 tons of which was packed into cargo containers in the South Atlantic port of Montevideo, said Attorney General Enrique Rodrguez. Rodrguez did not say where the drug was headed.
Multiple news outlets, without citing sources, reported it was destined for Africa.
The men accused of exporting the drug operate a soy bean business, the Uruguayan customs agency said Friday.
As officials investigated further, they discovered another cocaine stash of more than 1.3 kilos at a rural property linked to the suspects.
Uruguay, a country of just 3.4 million inhabitants, has recently arrived on the world stage as a transit point for the international drug trade.
In August, 4.6 tons of cocaine were confiscated in Hamburg, Germany , inside a container that had shipped from Montevideo. The customs director in Uruguay resigned shortly after.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
