Police have seized a massive cocaine haul off the Saldahna Bay coast in excess of R500 million.

In an extensive operation led by Western Cape Organised Crime Narcotics Unit detectives, police have seized nearly 1000 blocks of compressed cocaine from a fishing vessel.

The drugs are estimated to be valued at R583 million. Ten suspects, four of Bulgarian descent and six from Myanmar were subsequently arrested on charges of dealing in drugs.

They are expected to appear in court at Vredenburg soon. Further investigations continue as the detectives determine the origins as well as the intended destination of the consignment.

Source:  SABC