Drug Debt To Colombian Cartel Fuelled €7.9m Heist -- Independent
Killing surge as gang struggles to repay €50m lost in cocaine seizure
A MASSIVE drug debt, estimated at up to €50m, owed by Ireland's leading drugs syndicate to the Colombian cocaine cartels prompted last week's €7.9m robbery at the Bank of Ireland in Dublin and is fuelling the latest wave of gangland killings in the city, it has emerged.
The Dublin gang behind the shipment which was intercepted by the Naval Service off the west coast last November is said to be desperate to raise the huge bill amid suspicions that the Colombians and major drugs gangs in Britain are threatening retribution.
The 1.9 tonnes of cocaine had a street value estimated at €675m and was the biggest ever haul of the drug here.
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My Comment: What I find amazing about this story, is that the Colombian's would actually trust someone with 50 million pounds of merchandise.
Either business is great, or they are desperate to get rid of product.
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