Morning jolt? Swiss find cocaine stash amid coffee bean bags

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Morning jolt? Swiss find cocaine stash amid coffee bean bags
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GENEVA — Swiss police say an investigation is underway after workers at a Nespresso warehouse in western Switzerland found 500 kilograms of cocaine, with a street value of $50 million, as they unloaded coffee beans that had arrived by train.

"The cocaine seized has an 80% degree of purity and its market value is estimated at more than 50 million francs," the police said, adding that the stash appeared"destined for the European market." The monitoring center said it estimates the EU cocaine retail market was worth at least 10.5 billion euros in 2020, while cautioning that the figure was likely to underestimate the true size of the market.

"We have strict quality controls in place for green coffee arriving at our warehouses right up to the finished product," the Vevey, Switzerland-based company said in a statement emailed to The Associated Press."The substance in question did not come into contact with any of our products or production equipment used to make our products.

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