Colombian navy seizes 420 kg cocaine

BOGOTA, Jul. 24 (Xinhua) -- The Colombian navy said on Friday it seized 420 kg of cocaine in two speedboats in the Caribbean Uraba gulf.

According to the navy authorities, the two boats transported 200 kg and 220 kg of cocaine, respectively. The occupants of the two boats fled into forest after discovering the patrol boat.

The drug, worth about 10 million U.S. dollars on black market, and the two boats were confiscated by the navy.

The navy is searching for the owner of the drug, said the navy authorities.

The Colombian government has cracked down on drug-trafficking in the country. So far this year, the Colombian navy has seized 63 tons of cocaine, with a value of approximate 1.575 billion dollars.