Over 150 kilograms of cocaine have been found in a storage facility in Limassol by the police’s narcotics squad, Sigma’s sources revealed on Thursday.
The same sources said that that the cocaine was packed into generator petrol containers, and found in a customs warehouse outside the port of Limassol.
The narcotics squad spokesperson, Stelios Sergides told SigmaLive that the haul had come from a Latin American country and entered through European ports, ending up in the port of Limassol. He added that it is possible that the drugs were not meant to end up in Cyprus, and that the police are planning on issuing arrest warrants.
Sources mentioned that the narcotics police had been planning the operation quietly over the last few weeks, for the drugs had arrived in two shipments, one in April and one in May.
Regarding customs warehousing under EU law is, the Commission states that: “Customs warehousing allows the owner to hold imported non-Community goods in the Community and choose when he pays the duties or re-exports the goods. The amount of working or processing allowed on goods held in warehouses is limited essentially to keeping them preserved with a view to subsequent distribution. However, it is possible to process goods under inward processing or processing under customs control on the premises of a customs warehouse.”
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