Abhinav Sharma, CAMS, CAMI on LinkedIn: #crackdown #drugtrafficking #seizure #tons #cocaine #dollars #illicit… (2024)

Abhinav Sharma, CAMS, CAMI

Senior Manager - Risk Operations at Open Financial Technologies

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💊Bolivia's Second-Largest Drug Bust-$450 Million Worth of Cocaine Seized:In a major #Crackdown on #DrugTrafficking, Bolivian police have made headlines with their recent #Seizure of over 7.2 #Tons of #Cocaine, valued at nearly half a billion U.S. #Dollars. This significant operation marks the country's second-largest drug bust to date and underscores the ongoing battle against #illicit #DrugTrade.The operation, conducted in Bolivia's highland region of #Pisiga, targeted two trucks transporting #ScrapIron destined for #Export to #Europe. Concealed within the cargo were staggering amounts of #Cocaine bound for #Belgium. With an estimated street value of over $451 #Million in the destination country, the impact of this seizure on #DrugTrafficking is monumental.Interior Minister Eduardo del Castillo emphasized the #Government's commitment to #Combating #DrugTrafficking, despite challenges such as #Information leaks and the involvement of #International #Networks. This seizure follows another significant #Anti-Drug #Operation in January, where Bolivian authorities confiscated over 8 #Tons of #Cocaine along the Chilean border, marking the country's largest #DrugBust.Bolivia is recognized as one of the world's leading #Producers of #Coca, the primary ingredient used in cocaine production. According to the #UnitedNations Office on Drugs and Crime, there has been a notable increase in #Drug #Shipments from the Southern Cone of #SouthAmerica, often destined for #European markets.The fight against #DrugTrafficking remains a top priority for Bolivia, as law enforcement agencies continue to deploy strategies to #Disrupt illegal drug #Networks and safeguard communities from the #Harmful effects of #Narcotics. For more information refer to the news article published on the Reuters website (link in the comment section).🛑#DrugBust #Bolivia #LawEnforcement #DrugTrafficking #OrganisedCrime

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Abhinav Sharma, CAMS, CAMI

Senior Manager - Risk Operations at Open Financial Technologies

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    https://lnkd.in/eMz4Sm_3A good result by the Garda Síochána. However the following article illustrates a number of factors important to Port Security Management:1. Ports and freight units continue to be critical for the needs of organised crime to transport their illicit goods. Although this article highlights drug trafficking, trafficking routes are used for other causes including trafficking of humans, weapons, money etc.2. Spain and mainland Europe continue to remain major routes for crime groups trafficking into the Republic of Ireland by using freight units including trailers, shipping containers or other tactics such as landing loads along Ireland’s deserted coastline or exchanging loads at rendezvous locations at sea.3. The Republic of Ireland is and remains a major route for organised crime trafficking throughout Ireland as well as into the UK via Northern Ireland.Empower your people through effective awareness training in identifying and countering trafficking and how to report suspicious activities.Ports can support and enable greater collaboration between public and private sectors in combating crime including sharing of information to enhance intelligence.By countering organised crime in ports, ports can help reduce risk from insider threats and increase risk of violence from crime groups.#invisibletraffick#makingtheinvisiblevisibleNever underestimate the power of collaboration #NUTPOC

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  • Jose L Sousa-Santos

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  • Antonia ☆ Whyte

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Abhinav Sharma, CAMS, CAMI on LinkedIn: #crackdown #drugtrafficking #seizure #tons #cocaine #dollars #illicit… (2024)
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