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Coca-Cola billionaire arrested after private jet search turns up $1.9M in cannabis

The billionaire had star actors on-board his private jet when nearly $1.9 million of cannabis was found.

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A Greek billionaire and heir to the Coca-Cola fortune was arrested on the Caribbean Island of St Kitts after a search of his private jet uncovered nearly $AU1.9 million worth of cannabis on board, according to multiple reports.

Alkiviades “Alki” David, 50, was arrested by the Anti-Narcotics Unit at the Robert L. Bradshaw International Airport after customs officials found approximately 5000 cannabis plants in addition to seeds and a variety of other cannabis products, according to the Vancouver Sun.

He was charged with intent to supply, possession of controlled drugs and importation of a controlled drug into the federation, officials from the St Christopher and Nevis Police Force confirmed to the Daily Express.

Mr David claimed the plants on board were “all hemp” and were related to a new venture to start a legal cannabis business in the region.

He and Chase Ergen, the heir to the satellite fortune, announced in April that they formed a consortium aimed at developing the cannabis business in Eastern Caribbean nations such as St. Kitts-Nevis, Dominica and Antigua.

Plans included purchasing agricultural land and partnering with farmers to create a cooperative entity modelled after the ones in Switzerland.

Mr David and Mr Ergen aim to create thousands of jobs and also tap into the rich cultural history and cannabis know-how of the strengthening Rastafarian movement in the region.

The consortium has already had its first meetings with business and government leaders across the region and will be expanding its outreach during May.

Mr David is an heir of the Leventis-David Group, which holds the majority share in Coca-Cola Helenic, Europe’s largest bottling company.

The Leventis family is worth nearly $AU560 million, according to 2018’s The Sunday Times Rich List.

The UK-based publication estimates Mr David is independently worth more than $AU4 billion.

Actor Jonathan Rhys Meyers was on the plane when the drugs were found.
Actor Jonathan Rhys Meyers was on the plane when the drugs were found.

He resides on the Isle of Man and arrived to St Kitts on a plane with Mr Ergen and Irish actor Jonathan Rhys Meyers, Mogaznews En reported.

Mr David owns SwissX, a medical marijuana company that produces luxury CBD oils that have been endorsed by Snoop Dogg.

His hologram company was responsible for digitally recreating deceased rapper Tupac Shakur in 2012 for Coachella performances and Michael Jackson for the 2014 Billboard Music Awards.

The billionaire ran into legal trouble in April after a former female employee was allegedly fired for refusing to have sex with him, People reported. Mr David paid $AU16 million in a harassment settlement.

Mr David was released after paying $AU43,200 in cash bail.

He is scheduled to appear at Basseterre Magistrate Court on May 14.

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

This article originally appeared on the New York Post and was reproduced with permission

Originally published as Coca-Cola billionaire arrested after private jet search turns up $1.9M in cannabis

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Original URL: https://www.couriermail.com.au/business/companies/cocacola-billionaire-arrested-after-private-jet-search-turns-up-19m-in-cannabis/news-story/454b544f19080137da1423ec75c61001