Australia methamphetamine seizure 'worth a record A$1bn' Australian Police have arrested eight men over the nation's largest ever seizure of the drug methamphetamine. The haul, estimated to have a street value of one billion Australian dollars was uncovered when police raided a dock in Western Australia. Police have charged the men, each of whom faces a maximum penalty of life in prison. Crystal methamphetamine, also known as ice, has been described as the most damaging illicit drug in Australia. The one point two tonne bust was larger than the previous record seizure, made in Melbourne in April. SOURCE: BBC NEWS ---DECRYPTED---