The 104 kilogram gold was on its way from the Cayman Islands to Switzerland when it was confiscated on June 1st. According to the police, no arrests were made.
The National Crime Agency (NCA) – a state-run law enforcement agency – reported that the gold was believed to come from Venezuela and was transported there by private jet to the Cayman Islands.
Border guards at Heathrow Airport moved in to stop the shipment after their arrival in the UK. This was based on findings of the NCA.
"said Steve McIntyre, NCA's Heathrow Branch Commander, in a statement," By working with overseas partners and in the UK, we were able to quickly identify it and stop its further movement.
"The business model of many organized crime organizations is based on the ability to move money across borders and finance further investment in criminal activity.
" If we can stop it interfering and preventing not only the criminal network involved, that it benefits from crime, it also stops this reinvestment. "Pound Cocaine" src-mini = "// cdn.cnn.com/cnnnext/dam/assets/1
The gold is now part of a international money laundering investigation conducted by the Cayman authorities, with the support of the NCA, on international drug trafficking from South America.
In 2017, a security guard at Heathrow was accused of trying to import cocaine worth up to £ 480,000 ($ 600,120) from South America to the UK.
The worker was on sick leave when he drove to the airport in his uniform and met a drug carrier from Colombia in the airport toilets, where he was subsequently arrested by the police, the NCA said.
Later he was sentenced to 13 years in prison.