News

Arrests over $20m drug stockpile

TWO men have been charged after police allegedly found more than $3 million cash in a Bankstown unit and enough Gamma-Butyrolactone (GBL) to make 400,000 street deals at an industrial unit in Yagoona.

Police raided the properties early Wednesday morning, arresting two men at the Bankstown unit, where they also allegedly seized steroids, before raiding the Yagoona property where they allegedly found a large clandestine laboratory containing equipment consistent with the manufacture and supply of prohibited drugs, a pill press for the manufacture of steroids, as well as 2000 litres of Gamma-Butyrolactone (GBL).
Detective Inspector Matt Kennedy from the Drugs and Firearms squad, said the GBL could be worth up to $20m on the street and believed it was being stockpiled for use around Christmas and New Year dance parties.
“It’s a very dangerous drug … people can overdose and die,” he said.
A 44-year-old man was charged with three counts of supply prohibited drug (more than large commercial quantity), deal with proceeds of crime (above $100,000), knowingly direct activities of criminal group, and manufacture prohibited drug (larger than indictable quantity – not cannabis) and a 43-year-old charged with two counts supply prohibited drug (more than large commercial quantity), manufacture prohibited drug (larger than indictable quantity – not cannabis), deal with proceeds of crime (above $100,000), and participate criminal group contribute criminal activity.