HomeNewsBriefGuatemala Police Seize $3B in Narco-Assets
BRIEF

Guatemala Police Seize $3B in Narco-Assets

GUATEMALA / 25 OCT 2011 BY JEANNA CULLINAN EN

Police in Guatemala report the seizure of almost $3.2 billion in drugs and assets belonging to drug traffickers so far in 2011.

Updated statistics from Guatemala’s National Civil Police (PNC) indicate that seizures through October of this year are valued at approximately $3.16 billion. With more than two months to go in 2011, reported seizures are already 44 percent higher than the total value of drugs and assets confiscated in 2010.

The report from the PNC details the quantities and estimated value of drugs and assets seized between January and mid-October of this year, including nearly 14,000 marijuana plants worth over $5 million and 2,677 kilos of cocaine worth more than $34 million. The total value of drug, property and cash seizures reported by the PNC for 2011 is roughly equivalent to 30 percent of the country's national debt.

In addition to drugs, the PNC report that they seized a variety of international currency, including lempiras, pesos, dollars and euros, as well as vehicles and other property. Police in Guatemala also detained 1,363 individuals on charges related to drug trafficking, at a rate of approximately 136 per month, a slight decrease from the average 152 detained per month in 2010.

The new data indicates that Guatemala’s police have confiscated just under $600,000 in drugs and assets in the three months since their last report.

share icon icon icon

Was this content helpful?

We want to sustain Latin America’s largest organized crime database, but in order to do so, we need resources.

DONATE

What are your thoughts? Click here to send InSight Crime your comments.

We encourage readers to copy and distribute our work for non-commercial purposes, with attribution to InSight Crime in the byline and links to the original at both the top and bottom of the article. Check the Creative Commons website for more details of how to share our work, and please send us an email if you use an article.

Tags

Was this content helpful?

We want to sustain Latin America’s largest organized crime database, but in order to do so, we need resources.

DONATE

Related Content

ELITES AND CRIME / 24 OCT 2014

The US Bureau of Prisons has confirmed that the alleged leader of a huge Central American drug trafficking and money…

BARRIO 18 / 12 JUN 2013

An investigation by Guatemala's Interior Ministry has identified over 54 drug trafficking organizations within the country, including independent…

ELITES AND CRIME / 11 DEC 2014

A report on Guatemala's registry of state contracts has identified several major issues that have dampened the effectiveness of what…

About InSight Crime

THE ORGANIZATION

Apure Investigation Makes Headlines

22 OCT 2021

InSight Crime’s investigation into the battle for the Venezuelan border state of Apure resonated in both Colombian and Venezuelan media. A dozen outlets picked up the report, including Venezuela’s…

THE ORGANIZATION

InSight Crime Tackles Illegal Fishing

15 OCT 2021

In October, InSight Crime and American University’s Center for Latin American and Latino Studies (CLALS) began a year-long project on illegal, unreported, unregulated (IUU) fishing in…

THE ORGANIZATION

InSight Crime Featured in Handbook for Reporting on Organized Crime

8 OCT 2021

In late September, the Global Investigative Journalism Network (GIJN) published an excerpt of its forthcoming guide on reporting organized crime in Indonesia.

THE ORGANIZATION

Probing Organized Crime in Haiti

1 OCT 2021

InSight Crime has made it a priority to investigate organized crime in Haiti, where an impotent state is reeling after the July assassination of President Jovenel Moïse, coupled with an…

THE ORGANIZATION

Emergency First Aid in Hostile Environments

24 SEP 2021

At InSight Crime's annual treat, we ramped up hostile environment and emergency first aid training for our 40-member staff, many of whom conduct on-the-ground investigations in dangerous corners of the region.