SA embroiled in botched international drug shipment

Cocaine with an estimated street value of more than R1bn, the Bulgarian mafia, a Colombian cartel and top 28s gang associates feature in an international drug deal that appears to have gone awry off the shores of Cape Town leading to shootings, kidnappings and a high level-police investigation. An alleged Western Cape crime lord and his associate have now been kidnapped in what has unfolded as a saga that involves a missing shipment of cocaine. Four sources close to the investigation told News24 Peter Jaggers and his associate, William Peterson, went missing on 30 June, a few hours after travelling from Cape Town to Gauteng. Jaggers is believed to be the leader of the infamous Terrible Josters gang which operates in Kalksteenfontein and Netreg near Valhalla Park and is affiliated to the 28s gang. Jaggers and Peterson were allegedly kidnapped because of a botched drug deal involving Colombian and Bulgarian organised crime syndicates in which a cocaine shipment estimated to be between 500 and 700kg went missing off the Western Cape coast. A well-placed insider told News24 Jaggers' gang allegedly acted as intermediaries between the Colombians and Bulgarians and their role was to ensure the cocaine made its way from South America and into the hands of the eastern European syndicate.

Full News24 report