- US customs officials seized a container ship financed by JPMorgan this week, after authorities found nearly 18 tons of cocaine with an estimated street value of $1.3 billion in the vessel.
- The drug bust on the Liberian-flagged MSC Gayane is surprising for several reasons.
- The sheer quantity of cocaine it was carrying, its links to JPMorgan, its presence in the US, and the recent string of West African drug busts are worth noting.
A container ship financed by JPMorgan was seized by US customs officials this week, after authorities found nearly 18 tons of cocaine with an estimated street value of $1.3 billion on the vessel. The drug bust on the MSC Gayane is surprising for several reasons, which we outline below.
