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‘Drug Lord’s Millions’ Seized In Colombia House Raid

[Nothing will stop St. Germain’s bank from opening!  The 13 families are in a final panic trying to grab funds any way they can. T]

October 5, 2010

By Jeremy McDermott
BBC News, Bogota

Colombian police have found $29m (£18m; 21m euros) and 17m euros from suspected drug payments in a house in Bogota.

The money is believed to be drug payments from Mexican cartels to Colombia’s top drug trafficker, Daniel “The Madman” Barrera.

It brings to $140m the total of cash seized in just more than a month.

Intelligence sources told the BBC they believe Mr Barrera is in Venezuela, beyond the reach of both Colombian and US authorities.

Police acting on a tip-off raided a house in southern Bogota, uncovering bricks of cash.

The money is believed to be payment from Mexican cartels for multi-ton consignments of cocaine sent by Mr Barrera, Colombia’s most wanted drug trafficker, for whom the US is offering a $5m reward.

It seems the security forces have penetrated the kingpin’s network, as this is the fourth seizure in little more than a month.

Though the police have been able to track the Colombian drug lord’s money, they have not had any luck finding him.

ARTICLE CAN BE FOUND HERE.

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