SYDNEY (AP) — Three Sydney dockworkers have been charged over a massive shipment of cocaine in a law enforcement investigation into trusted insiders importing illicit drugs into Australia, authorities said on Tuesday.
The three, aged 25, 38 and 42, appeared in a Sydney court on Monday charged over 506 kilograms (1,116 pounds) of cocaine found hidden behind a false wall in a shipping container on the Sydney waterfront on the weekend, Australian Federal Police said in a statement. The cocaine had a street value of more than 164 million Australian dollars ($107 million).
The older two men were forklift drivers employed by a global shipping and logistics company that authorities have not named.
Police also found AU$330,000 ($216,240) cash which they allege is the proceeds of crime.
All three face potential life sentences if convicted.
The 42-year-old man was released on bail but the others were remanded in custody. They will all appear in court next on Oct. 29.
The shipping container was sent from Europe, but the source of the cocaine remained under investigation, according to police.
The men were arrested by the Multi Agency Strike Team. The team is made up of state and federal agencies who target “trusted insiders” within supply chains that allow organized crime groups to smuggle illicit drugs into Australia.
This photo released by the Australian Federal Police, shows a cache of cocaine concealed behind a false wall of a shipping container at a Sydney Port, on Aug. 31, 2025. (Australian Federal Police via AP)
This photo released by the Australian Federal Police, shows a cache of cocaine concealed found behind a false wall of a shipping container at a Sydney Port, on Aug. 31, 2025. (Australian Federal Police via AP)
This photo released by the Australian Federal Police, shows a cache of cocaine concealed found behind a false wall of a shipping container at a Sydney Port, on Aug. 31, 2025. (Australian Federal Police via AP)
LOS ANGELES--(BUSINESS WIRE)--Dec 8, 2025--
Resecurity, a global cybersecurity and threat intelligence company trusted by Fortune 100 enterprises and government agencies, has joined the U.S.-Saudi Business Council (USSBC) as a Chairman’s Circle member — the Council’s highest membership tier that brings together industry leaders advancing innovation, defense, and cross-border investment between the United States and the Kingdom of Saudi Arabia.
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Founded in 1993, the U.S.-Saudi Business Council is the first and only institution created specifically to advance private-sector partnership between the Kingdom of Saudi Arabia and the United States. With offices in Washington, D.C. and Riyadh, the Council connects senior executives, investors, and policymakers from leading American and Saudi organizations across diverse sectors. Its mission is to facilitate partnerships, foster innovation, and strengthen the economic relationship that underpins the long-standing U.S.-Saudi alliance.
“Joining the Chairman’s Circle aligns with our long-term commitment to Saudi Arabia’s digital transformation and to trusted cross-border partnerships,” said Gene Yoo, CEO of Resecurity. “Cybersecurity is a prerequisite for economic growth and modern digital ecosystem. We look forward to contributing intelligence-driven capabilities that help protect critical infrastructure, financial systems, and innovation initiatives across the Kingdom and the broader region.”
Charles S. Hallab, President and CEO of the U.S.-Saudi Business Council, said: “We are pleased to welcome Resecurity as a Chairman’s Circle member. Their commitment to strengthening cybersecurity capabilities aligns well with the Council’s mission of advancing high-impact U.S.–Saudi partnerships. We look forward to their engagement and to the contributions they will bring to our members and the broader business community.”
This step builds on Resecurity’s ongoing collaboration with the Council and partners from the Kingdom of Saudi Arabia, underscoring cybersecurity as one of the key drivers of national resilience, digital sovereignty, and technology excellence in alignment with Saudi Vision 2030.
About U.S.-Saudi Business Council
The U.S.-Saudi Business Council, “the Council,” was established as a non-profit organization in 1993 as a spin-off of the U.S.-Saudi Arabian Joint Economic Commission, a technical assistance initiative between the Saudi Ministry of Finance and National Economy and the U.S. Department of the Treasury. To learn more, visit https://ussaudi.org.
About Resecurity
Resecurity® is a cybersecurity company that delivers a unified endpoint protection, fraud prevention, risk management, and cyber threat intelligence platform. Known for providing best-of-breed, data-driven intelligence solutions, Resecurity’s services and platforms focus on early-warning identification of data breaches and comprehensive protection against cybersecurity risks. Founded in 2016, it has been globally recognized as one of the world’s most innovative cybersecurity companies with the sole mission of enabling organizations to combat cyber threats regardless of how sophisticated they are. Most recently, by Inc. Magazine, Resecurity was named one of the Top 10 fastest-growing private cybersecurity companies in Los Angeles, California. Resecurity is a member of InfraGard National Members Alliance (INMA), AFCEA, NDIA, SIA, FS-ISAC, and multiple American Chambers of Commerce globally, including AmChamKSA. To learn more, visit https://resecurity.com.
Resecurity Joined the U.S.-Saudi Business Council as a Chairman's Circle Member
