Panama arrests 64, seizes 4 tonnes of cocaine in drug gang bust
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PANAMA CITY -- Panamanian authorities arrested 64 people and seized four tonnes of cocaine following a two-year investigation into a drug trafficking ring, the government said on Wednesday.
Over the past 22 months, police have seized a total of $2.5 million in cash, 49 vehicles and one tonne of marijuana from the group that included Panamanians, Colombians, Cubans, Guatemalans, Mexicans and Venezuelans, according to investigators
Drug trafficking prosecutor Eduardo de la Torre told reporters that the gang had been moving drugs by boat from South America and noted that the street value of the seized drugs in the United States was around $400 million.
