JOINT DRUG OPERATION NETS $35 MILLION

BOGOTA, Colombia - In a joint U.S.-Colombian operation, police discovered
$35 million stashed in the walls of two Bogota apartments - one of the
largest seizures of drug money ever, officials said Saturday.

The commander of the Colombian national police, Gen. Ernesto Gilibert, said
Saturday the apartments where the money was found were used as "private
banks" by the North Valley Cartel, a top cocaine ring.

The money was discovered on Friday, and was found packed in more than 300
plastic-wrapped bundles of $100,000 each. The cash, in denominations of
$20s, $50s and $100s, was displayed at a news conference Saturday at
national police headquarters in Bogota.

In Washington, U.S. Customs spokesman Dean Boyd said it was "one of the
largest single seizures of U.S. currency ever."

Police found $15 million hidden behind a bathroom wall in one apartment in
northern Bogota and $20 million behind a kitchen wall in the other
apartment about a mile away, officials said.

One person was detained during the raids.

Chitiva, was arrested in Cali, 185 miles southwest of Bogota. He is wanted
on two warrants in federal court in Florida, one of which stems from a drug
trafficking case from the early 1990s.

Colombian police say Chitiva was responsible for a 10-ton shipment of
cocaine seized in Venezuela a year ago. It was confiscated as part of an
investigation, dubbed Operation Journey, that resulted in the seizure of
about 25 tons of cocaine and the arrests of 43 people worldwide.

The $35 million appeared to be stashed in the two locations to be
laundered. Colombian drug smugglers provide more than 80 percent of the
world's cocaine and often smuggle back to Colombia huge amounts of dollars,
which are then invested in apparently legitimate enterprises such as
housing complexes, resorts and restaurants.