Australian police have seized a record 2.3 tonnes of cocaine worth nearly $500 million after the vessel carrying it broke down.

Authorities in Australia announced the record-breaking bust on Monday. Australian authorities seized over two tons of cocaine over the weekend worth nearly $500 million after the fishing boat that smugglers used to sail the drugs into Australia broke down — the largest ever seizure of cocaine in Australia.

A Comanchero outlaw bikie gang leader has been charged over Australia's largest ever cocaine seizure, police say. A transnational organised crime syndicate with links to the Comancheros is alleged to have attempted to bring 2.34 tonnes of cocaine into Australia.