ST JAMES, Jamaica — Over US$5 million (J$725,000,000) in cash and US$550,000 (J$79,750,000) worth of cocaine were reportedly seized during a joint police/military operation in St James on Tuesday.
According to reports, investigators are still in the process of tallying the amount of cash seized.
Reports are that about 7:30 am, a Toyota motor car was intercepted by police in Coral Gardens, St James and was searched, during which 11 kilograms of cocaine was found.
A 46-year-old businessman was taken into custody in connection with that incident.
Hours later, about 11:30 am, investigators, acting on information, went to a house in the same area and found a large quantity of US and Canadian currency.
The police believe the cash is likely the proceeds of criminal activities.
More details soon. JAMAICA OBSERVER.