Finance
Sweden makes record three-ton seizure of cocaine from South America
Published by Global Banking & Finance Review®
Posted on January 12, 2026
1 min readLast updated: January 19, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 12, 2026
1 min readLast updated: January 19, 2026
Sweden seized a record three tons of cocaine from South America in Helsingborg, marking the country's largest drug bust. No arrests have been made.
Jan 12 (Reuters) - Sweden on Monday confiscated an estimated three metric tons of cocaine, the country's single-biggest seizure of the drug, in the port of southwestern city Helsingborg, daily Sydsvenskan reported, citing customs.
The narcotics were found in a container from South America, Prosecutor Mans Biorklund told daily Dagens Nyheter. There had been no arrests in connection with the find, he said.
Spanish police earlier on Monday made their largest-ever cocaine seizure on the high seas, intercepting a vessel carrying almost 10 metric tons of the drug concealed in a shipment of salt en route from Brazil to Europe.
(Reporting by Jagoda Darlak, editing by Anna Ringstrom and Sharon Singleton)
Cocaine is a powerful stimulant drug derived from the coca plant, often used illegally for its euphoric effects. It is classified as a Schedule II drug due to its high potential for abuse.
A seizure refers to the act of taking possession of property by law enforcement, typically due to suspected illegal activity. This can include drugs, weapons, or other contraband.
International drug trafficking involves the illegal trade of controlled substances across national borders. It is a major global issue, often linked to organized crime and violence.
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