Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Indonesia seizes record 1.6 tonnes of crystal methamphetamine

Published 21/02/2018, 12:04 am
Updated 21/02/2018, 12:10 am
Indonesia seizes record 1.6 tonnes of crystal methamphetamine

JAKARTA, Feb 20 (Reuters) - Indonesia seized a record 1.6 tonnes of crystal methamphetamine from a ship off the northern island of Batam on Tuesday, a narcotics official said, the second major drug bust this month.

President Joko Widodo's government has cracked down on trafficking in an effort to contain soaring consumption of crystal meth and other narcotics. But there has been no bloody war on drugs as in the neighbouring Philippines, where thousands of people have been killed in anti-drugs operations.

Indonesia has among the world's strictest anti-narcotics laws and drug trafficking is punishable by death.

"It's an estimated 1.6 tonnes and yes, this is a record seizure for us," said Sulistiandriatmoko, adding that details of its origin and destination were still under investigation.

The United Nations Office on Drugs and Crime (UNODC) estimates that Southeast Asia's trade in methamphetamines and heroin was worth $31 billion in 2013.

Earlier this month, Indonesian authorities confiscated just over 1 tonne of crystal meth, known locally as 'shabu-shabu', also in Batam, a small industrial hub a short ferry ride from Singapore.

Budi Waseso, head of the anti-narcotics agency, said authorities had acted on a tip from Chinese and Thai authorities and that the shipment had come from Myanmar in a vessel disguised as a fishing boat.

"It had been to Australia...and in and out of Indonesian waters several times. This means this ship had repeatedly entered Indonesia carrying large quantities of narcotics," Waseso said.

Myanmar is part of the so-called Golden Triangle where it meets Thailand and Laos and where drug production and trafficking is booming.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.