Jamaican investigators have taken possession of a little over US$300,000 or approximately J$35 million belonging to drug kingpin Christopher ‘Dudus’ Coke and are on the hunt for more.

The Financial Investigations Division (FID) revealed yesterday that the cash, which was being held in accounts Coke had at two local financial institutions, was seized following an order made in the Supreme Court last month.

Despite an order by US District Judge Robert Patterson that Coke pays US$1.5 million, or approximately J$130 million, to the US Asset Forfeiture Unit, Stephens said the cash would be turned over to the Jamaican Government.

Stephens disclosed that Coke, who is serving a 23-year prison sentence in the US, did not mount a legal challenge to the court action, even though he was served with documents in his jail cell signalling that Jamaican authorities were getting ready to go after his cash.

The former Tivoli Gardens Kingpin pleaded guilty in September 2011 to one count of racketeering conspiracy and one count of conspiracy to commit assault with a dangerous weapon in aid of racketeering. Prosecutors in the US state of New York revealed in court that Coke admitted to trafficking more than 3,000 kilograms of marijuana and l5 kilograms of cocaine to the US.  Read More.

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