Odisha court mandates bond of Rs 100 cr, bank guarantee of Rs 10 cr for release of 'cocaine ship'

NewsDrum Desk
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Paradip (Odisha), Feb 12 (PTI) A court in Odisha's Jagatsinghpur district on Monday laid stringent conditions, including a bond of Rs 100 crore along with a bank guarantee of Rs 10 crore, for the release of cargo ship MV Devi, from which cocaine worth Rs 220 crore was seized in December last year, lawyers said.


The conditions were laid by the NDPS court in Kujang while hearing the case of the seizure of 20 packets of cocaine from the ship at Paradip International Cargo Terminal (PICT) berth.

Following court proceedings, the ship's release is contingent upon the fulfilment of these financial obligations by the shipping agency, they said.

In one of the biggest drug hauls in Odisha, customs officials seized 22 kg of cocaine, estimated to be worth around Rs 220 crore in the international market, from the container ship at Paradip Port on December 1 last year.

The bulk carrier arrived at Paradip Port from Indonesia and was about to depart for Denmark.

All 21 Vietnamese crew members have been detained on the ship, which is currently anchored some four-five km from the port under the supervision of the customs department. PTI COR BBM BBM ACD