Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Honduras Seizes Record 15 Tons of Drugs in Underground Hideout

Honduras Seizes Record 15 Tons of Drugs in Underground Hideout
Honduran soldiers guard 15 tons of seized narcotics in Patagallina, Santa Rita municipality, Yoro department, some 300 kms north of Tegucigalpa, Honduras. Source: AFP via Getty Images

Nov. 30 (Bloomberg) -- Honduran soldiers confiscated a record 15 tons of illegal narcotics hidden underground as the Central American nation becomes the biggest destination for South American drug flights.

The drugs, likely cocaine or methamphetamines, were found yesterday by a counter-narcotics team investigating a hidden underground storage room on a farm in the country’s northern Yoro region, said Melvin Duarte, a spokesman for the Public Prosecutor’s Office in the capital, Tegucigalpa.

“Investigators have said that much of the drugs came in various shipments out of Venezuela,” Duarte said. The narcotics are being tested today by a toxicology lab, he said. The total haul may have a street value of $450 million, newspaper La Prensa reported.

Honduras, which has one of the highest per capita murder rates in the world, is a landing spot for an estimated 79 percent of cocaine-smuggling flights departing South America, according to a March report by the U.S. State Department.

The U.S. military and Drug Enforcement Administration have been assisting the Honduran government to reduce drug-trafficking through programs including the Central American Regional Security Initiative, which began in 2008. The U.S. did not assist in the operation yesterday, Duarte said.

To contact the reporter on this story: Adam Williams in San Jose, Costa Rica at awilliams111@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.