About 71kg of cocaine, worth an estimated $25 million, has been found hidden inside a hydraulic press sent to Australia from Panama.
Three Sydney men have been charged with drug importation offences, following raids at five properties across the city after the drugs were found by Border Force officers on Wednesday.
Police say 67 one-kilogram packages were discovered inside the “sophisticated concealment” along with several other smaller bundles, bringing the total to 71kg.
‘A seizure of this size has the potential street value of up to $25 million,’ Border Force said in a statement.
The men are due before Parramatta Local Court on Thursday.