Colombia seizes more than 13 tons of cocaine in historic drug bust

Colombia's President Juan Manuel Santos looks on after the seizure of more than 12 tons of cocaine in Apartado Colombia

President Juan Manuel Santos said the stash had an estimated US market value of $360 million.

Four hundred anti-narcotics officers found the cocaine stored underground in four farms in a banana-growing region of northwest Antioquia province, near the border with Panama.

On Wednesday, Colombian police seized 12 tons of cocaine, making it the biggest bust in the country's history. And he linked the massive stash to the Gulf Clan, Colombia's largest drug-trafficking ring. The plantations were close to routes used to smuggled cocaine to the United States, the BBC said. As a result, the haul breaks down to an average street price of $60 per gram.

He said, "Never before, since we began more than 40 years ago to fight against drug trafficking, have we made a seizure of this magnitude".

Four people were arrested during the three-day operation leading to the drug seizure, according to a police statement.

Officials say the cocaine belonged to the Clan del Golfo, or Clan of the Gulf, an illegal armed group that has sought to take over drug trafficking operations in zones previously occupied by the Revolutionary Armed Forces of Colombia, or FARC. The United States has offered a reward of up to $5 million for information leading to his capture or death.

President Santos has said that 362 tons of cocaine have been seized this year, already surpassing the 2016 total.

The government has said that more than 1,500 members of the gang have been arrested this year and its second-in-command has been killed. And the trend continues: figures reported in July announced that cocaine production reached an all-time high in 2016.

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