{"id":489718,"date":"2026-06-22T10:35:16","date_gmt":"2026-06-22T10:35:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/489718\/"},"modified":"2026-06-22T10:35:16","modified_gmt":"2026-06-22T10:35:16","slug":"australias-biggest-bust-997-million-of-cocaine-under-the-floor","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/489718\/","title":{"rendered":"Australia&#8217;s biggest bust: $997 million of cocaine under the floor"},"content":{"rendered":"<p>Two men allegedly tried to run from Sydney police after officers found nearly a billion dollars&#8217; worth of cocaine buried under false flooring on a semi-rural property.<\/p>\n<p>The men, aged 21 and 25, were arrested on Friday after an operation by Australian Federal Police, alongside investigators in multiple states, led to what is believed to be Australia&#8217;s biggest ever cocaine bust.<\/p>\n<p>AFP officers raided a property in Londonderry, in northwest Sydney, on Friday as part of a taskforce investigating a drug ring along the country&#8217;s east coast.<\/p>\n<p>While searching the property, police allegedly located 2.7 tonnes of cocaine in plastic tubs underneath shipping containers.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/06\/the-tubs-were-buried-in-underground-bunkers-concealed-by-fal-PAY2ZDIKPRH3PDE24OHEW5PHWA.jpg\" alt=\"The tubs were buried in underground bunkers concealed by false container floors, the AFP said.\" width=\"800\" height=\"599\" loading=\"eager\"\/><\/p>\n<p class=\"ImageMetadata__MetadataParagraph-sc-hi5x8q-0 cWTYyG image-metadata\">The tubs were buried in underground bunkers concealed by false container floors, the AFP said. (Source: Australian Federal Police)<\/p>\n<p>The tubs were buried in underground bunkers concealed by false container floors, the AFP said. The estimated street value of the cocaine is AU$816 million or NZ$997 million and is equivalent to roughly three million street-level deals.<\/p>\n<p>Both men allegedly tried to run away when police arrived but were caught and subsequently charged with possessing a commercial quantity of an illegal drug.<\/p>\n<p>The maximum penalty is life imprisonment. The men were refused bail on Saturday and are expected to face Penrith Local Court on August 13.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/06\/the-men-aged-21-and-25-were-arrested-on-friday-after-an-oper-BDCC5JCTRFDBDCNR6C3D2GRLOY.jpg\" alt=\"The men, aged 21 and 25, were arrested on Friday after an operation by Australian Federal Police\" width=\"800\" height=\"657\" loading=\"lazy\"\/><\/p>\n<p class=\"ImageMetadata__MetadataParagraph-sc-hi5x8q-0 cWTYyG image-metadata\">The men, aged 21 and 25, were arrested on Friday after an operation by Australian Federal Police (Source: Australian Federal Police)<\/p>\n<p>&#8220;This alleged plot to distribute nearly three tonnes of cocaine &#8230; demonstrates how highly organised and determined these criminal networks are,&#8221; AFP commander Stephen Jay said.<\/p>\n<p>&#8220;We will work &#8230; to identify the criminal syndicates and anyone else involved in facilitating this alleged attempted drug import.&#8221;<\/p>\n<p>The mammoth Sydney discovery is the standout find for investigators under Operation Minjiang, a joint taskforce headquartered in Queensland.<\/p>\n<p>Since starting in May, the operation has seized 178kg of cocaine and 142kg of methamphetamine, bringing the total amount of drugs now seized to more than three tonnes.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/06\/the-mammoth-sydney-discovery-is-the-standout-find-for-invest-ZNGLCYDLPJATJLBF46B6H4X5TI.jpg\" alt=\"The mammoth Sydney discovery is the standout find for investigators under Operation Minjiang, a joint taskforce headquartered in Queensland.\" width=\"800\" height=\"602\" loading=\"lazy\"\/><\/p>\n<p class=\"ImageMetadata__MetadataParagraph-sc-hi5x8q-0 cWTYyG image-metadata\">The mammoth Sydney discovery is the standout find for investigators under Operation Minjiang, a joint taskforce headquartered in Queensland. (Source: Australian Federal Police)<\/p>\n<p>Police allege the cocaine seized was imported into Australia near Midge Point in North Queensland and transported south under the orders of a Sydney organised crime group.<\/p>\n<p>Queensland Police discovered 40kg of cocaine in the water near the Midge Point boat ramp in May after they received reports of a burned-out flatbed truck.<\/p>\n<p>Six people were later charged with varying offences, including possessing illicit drugs and dealing with proceeds of crime.<\/p>\n<p>The alleged mother vessel used to import the haul of drugs, MV Wealth, has been detained by authorities in the Solomon Islands for further investigation, the AFP said.<\/p>\n<p>Queensland Police Acting Chief Superintendent Troy Pukallus said he was proud of his officers&#8217; tenacity in disrupting a massive organised crime syndicate.<\/p>\n<p>&#8220;What began with the actions of Mackay police &#8230; evolved into a sophisticated, multi-agency investigation targeting an organised criminal network,&#8221; he said.<\/p>\n<p class=\"text-greyDarkFaded\">The morning&#8217;s headlines in 90 seconds, including a fiery exchange caught on camera at a United Nations meeting and concerns about the risk to NZ now H2N1 bird flu&#8217;s been found in Australia. (Source: 1News)<\/p>\n","protected":false},"excerpt":{"rendered":"Two men allegedly tried to run from Sydney police after officers found nearly a billion dollars&#8217; worth of&hellip;\n","protected":false},"author":2,"featured_media":489719,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[85,67,42,43,40,38,41,39],"class_list":["post-489718","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-australia","tag-crime-and-justice","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/489718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=489718"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/489718\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/489719"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=489718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=489718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=489718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}