Mexico: Record Coke Bust $2.7 Billion

MEXICO CITY — A cocaine shipment seized by Mexico last week could have been worth as much as $2.7 billion on U.S. streets and the Mexican government said on Monday it belonged to Mexico’s most wanted man, drug lord Joaquin “Shorty” Guzman.

Police, navy and customs officers found the 23.5 tons of drugs hidden in a shipment of plastic floor-covering aboard a Hong Kong-flagged container ship at Mexico’s Manzanillo port on the Pacific. The vessel came from Colombia and the drugs haul was the biggest ever seized by authorities, Mexico said.