By The Washington Post
BERLIN — German police say authorities have intercepted a yacht carrying 1.1 tons of cocaine worth some €42 million ($60 million) from the Caribbean to Europe.
Police said Tuesday that the bust was part of an investigation begun in 2009 with French and Spanish authorities.
Two Germans sailing from the island of Grenada were stopped last week by French customs authorities. The cocaine was found hidden in the 43-foot (13-meter) yacht, and the suspects were arrested.
In searches in Germany, police say they found €400,000 ($580,000) cash and €900,000 ($1.3 million) in other assets.
Police say a South African man who was supposed to skipper the boat across the Atlantic was arrested Tuesday in the Caribbean. A Dutch man was arrested Tuesday in Spain.
Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
source: The Washington Post