Nov. 21 (Bloomberg) -- Four backpacks stuffed with cocaine worth 4.8 billion yen ($48 million) were found on a beach in Japan, the biggest amount ever discovered in the country, local media reported.
The backpacks, containing 80 kilograms (176 pounds) of the drug wrapped in waterproof tape, were found by local residents in Yokosuka city on Nov. 19, the Asahi newspaper reported, citing local police. The find is the biggest by value in Japan, public broadcaster NHK said.
Yokosuka, home to a U.S. Navy base, is about 50 kilometers (31 miles) south of Tokyo.
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