14th May 2019

Greek Billionaire Arrested In Caribbean For $1.3M In Cannabis

By St Lucia Times

A Greek billionaire and heir to the Coca Cola fortune was arrested in St Kitts after a search of his private jet revealed over a million dollars worth of cannabis on board, according to multiple news reports.

Fox News, quoting the Vancouver Sun, reported that  Alkiviades “Alki” David, 50, was arrested by the Anti-Narcotics Unit at the Robert L. Bradshaw International Airport after customs officials found approximately 5,000 cannabis plants in addition to seeds and a variety of other cannabis products.

The Daily Express said St. Christopher and Nevis police had confirmed that David has been  charged with intent to supply, possession of controlled drugs and importation of a controlled drug into the federation.

The billionaire was released after paying $30,000 cash bail and was scheduled to appear at Basseterre Magistrate Court  Tuesday.

He’s required to surrender all travel documents and report to the Frigate Bay Police Station for daily check-ins, according to Fox News.

The Evening Standard said that David had flown into St Kitts with fellow billionaire business partner Chase Ergen, 66, who was also said to have been arrested, and actor Jonathan Rhys Meyers.

They were held for several hours, before being arrested days later when they tried to leave the island, according to the publication.

It quoted David as saying that the plants were “all hemp” and were part of a new venture to “develop a legal cannabis business” in eastern Caribbean nations.

David, who lives on the Isle of Man, is heir to the Leventis-David Group which holds the majority share in the Coca-Cola Helenic bottling plants. He and the Leventis family combined are worth £2.6 billion according to The Sunday Times Rich List 2019, the Evening Standard reported.

It said he is a major advocate for cannabis-based products and has received celebrity endorsement for his SwissX medicinal cannabis oil.