Hong Kong Police seize cocaine worth $77 million

Hong Kong police have made their biggest ever cocaine bust, seizing more than 1,200 pounds (560 kilograms) of the drug and arresting eight people.

Police say the five men and three women arrested included five Mexican nationals, an American and a Colombian. They are to appear in court later Monday.

Police say narcotics bureau officers acting on a tip carried out raids at a warehouse and other locations across the city starting Friday. Police say the cocaine seized in the raids was worth about $600 million Hong Kong dollars ($77 million).

Police say the warehouse was believed to be a drug packaging and storage center. source