Coca-Cola billionaire arrested after search of private jet reveals 5,000 alleged cannabis plants

Alkiviades Alki David is a member of the Leventis family, who run the biggest commercial bottling facilities in Europe after a merger with beverage behemoth bumped the familys net worth to approx. 4.6bn

It is believed that the crop was destined for Davids medical cannabis company, SwissX, which specializes in products containing CBD (cannabidiol), a non-intoxicating compound found in cannabis and hemp.Photo: Instagram @alkidavid

A Greek billionaire has beendetainedon the Caribbean Island of St. Kitts after a search of his private jet yielded approximately 1 million of cannabis totalling approximately 5,000 plants, an unknown number of seeds and a variety other cannabis products.

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Isle of Manresident Alkiviades Alki David, 50, was arrested by the Anti-Narcotics Unit at the Robert L. Bradshaw International Airport. He has beenchargedwith Possession with Intent to Supply, Possession of Controlled Drugs and Importation of a Controlled Drug into the Federation after his plane was stopped by customs authorities.

David is a member of the Leventis family, who run the biggest commercial bottling facilities in Europe after a merger with beverage behemoth Coca-Cola bumped the familysnet worthto approximately 4.6 billion. David himself is estimated to be worth 2.6 billion.

David claims the plants are pure hemp, which is legal and contains negligible quantities of intoxicating compound THC. But officials disagree.

It is believed that the crop was destined for Davids medical cannabis company,SwissX, which specializes in products containingCBD(cannabidiol), a non-intoxicating compound found in cannabis and hemp.

David was released after paying a cash bail of approximately USD$30,000 and is due to make another appearance at Basseterre Magistrate Court on May 14. In the meantime, he must surrender all travel documents in his possession and report daily to the Frigate Bay Police Station.

The charges will add to Davids quickly accumulating pile of legal bills. Last month, the billionaire wasorderedto pay 8.5 million to a former employee whom he allegedly fired after she refused to perform sex acts at work.

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By:Jennifer Ackerman, Regina Leader-Post/ 3 hours ago