Ireland Seizes 500 Mil. Euro Of Cocaine On Yacht

Three males between the ages of 44 and 52 are currently in Garda (police) custody.

Irish authorities have seized what they believe is cocaine with a street value of about 500 million euros ($650 million) on a yacht off the southwest coast of Ireland, the army and police said on Thursday.

Irish navy and police, with British and international assistance, found the suspect packages on a 60-foot yacht, Ireland's Defence Forces said.

"Three males between the ages of 44 and 52 are currently in Garda (police) custody," it said in a statement.

The drug haul appeared to exceed last year's record 440 million euro seizure in County Cork, public broadcaster RTE said.