The 2.25 tonnes of cocaine that was seized from the MV Matthew, a Panamanian-registered bulk carrier, has an estimated value of more than €157 million.

The €21.6 million total cocaine haul was smuggled on board the MV Verila cargo ship, which travelled from Brazil to Canada and onto Foynes Port, Co Limerick,

The 2.25 tonnes of cocaine that was seized from the MV Matthew, a Panamanian-registered bulk carrier, has an estimated value of more than €157 million.

Eight men have been charged after cocaine with an estimated value of more than €157 million was seized from the Panamanian cargo ship in Irish waters in September 2023.

The MV Matthew was boarded in a dramatic operation by the Army Rangers in September 2023.