In the Monday statement, police said it was one of the largest-ever seizures in the country.
"The identification and subsequent seizure of a similar quantity of drugs, one of the largest ever carried out in the national territory, prevented the drug from being likely to be recovered by criminal subjects for subsequent illegal marketing in the national territory, which would have yielded very high earnings, in the order of approximately over 400 million euros at retail," police said.
The discovery comes just weeks after
New Zealand police intercepted half a billion dollars worth of cocaine — enough to service the entire national market for 30 years — floating in the Pacific Ocean in February.
In 2017,
Spanish police seized more than two metric tons of cocaine from a ship sailing in the Atlantic Ocean and arrested seven crew members.