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NSW: Police smash cocaine ring during series of raids

Sat Jul 18 02:08:23 EST 2009

Police say they've smashed a Sydney cocaine ring.

Federal officers say they seized five kilograms of cocaine during raids at business premises in Camperdown and Five Dock this morning.

Two 40-year-old men have been arrested and will face drugs and money laundering charges at Parramatta Local Court tomorrow.

Meanwhile .. a 43-year-old man will face drug trafficking charges at the same court.

Police say the drugs seized have a street value worth more than a million dollars.