A Royal Navy frigate has seized cocaine with an estimated wholesale value of £33 million from a speedboat off the coast of South America.
Hmmm. 750 kg they got…..they\’re valuing it at £44 a gramme.
That might be the wholesale value inside the UK (don\’t know, sorry, not my milieu really) but it sure as hell ain\’t the wholesale value off the coast of Columbia. (Ah, yes, Wikipedia, that\’s the street price in the UK).
Actual value where it was found? Maybe a tenth of that.
The usual sort of weasel words about drugs then, boasting about how much they\’ve seized without taking into account where they\’ve seized it.