
Italian agents on Tuesday confiscated 4.3 tons of cocaine with a street value of nearly a quarter-billion euros (dollars) in the northeastern port city of Trieste, dealing a blow to Colombia's feared Gulf Clan in one of the largest drug busts ever in Europe.
Arrest warrants were being executed for 38 people on suspicion of international drug trafficking in Italy, Slovenia, Croatia, Bulgaria, the Netherlands and Colombia. The seizure was carried out by Italian financial police and coordinated by anti-mafia investigators, following a yearlong investigation that also involved U.S. Homeland Security.