Search Site

Trends banner

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

120 kilos of cocaine wash up on Australian beaches over Christmas

Australian police have urged caution. (Pic New South Wales Police)
  • A first batch of 39 barnacle-encrusted, one-kilogram bricks of suspected cocaine was discovered on Friday near Magenta Beach, north of Sydney
  • Since then, another 85 packages of the same size had been spotted along about 80 kilometers (50 miles) of the New South Wales coastline, state police said

Sydney, Australia– Australian police said Wednesday they were scouring beaches after mysterious packages believed to contain more than 120 kilograms (260 pounds) of cocaine washed up over the Christmas period.

A first batch of 39 barnacle-encrusted, one-kilogram bricks of suspected cocaine was discovered on Friday near Magenta Beach, north of Sydney, police said.

Since then, another 85 packages of the same size had been spotted along about 80 kilometers (50 miles) of the New South Wales coastline, state police said.

Police urged people to report any suspicious packages, Detective Chief Superintendent Jason Weinstein said in a statement.

“Detectives and specialist police are currently combing beaches and coastlines for any outstanding packages and working behind the scenes to make sure we find and hold accountable those responsible,” said Weinstein, who is director of the state’s crime command.