That same day, police also searched Jones’ St Heliers, Auckland, home where they found $43,750 hidden in a plastic container.
Officers also seized drug-related paraphernalia including commercial counting scales, vacuum seal packaging, and a Head Hunters Motorcycle Club vest.
Jones claimed the cash was club (Headhunters) money.
Both men pleaded guilty to multiple drug charges, and were jailed.
Financial investigations revealed both men had minimal legitimate income and limited banking activity, leading authorities to conclude the seized cash was drug proceeds.
Under the settlements, Smith forfeited the $23,627 found at his home, while Jones forfeited the $43,750 found at his residence and the $4211 found in the Ford Ranger at Smith’s house.
The Commissioner of Police agreed not to pursue profit forfeiture orders against either man, citing their lack of assets and the desire to avoid further legal costs.
Justice Venning approved both settlements, which he said met the purposes of the Act and the overall interests of justice. The forfeited funds were placed under the custody of the Official Assignee.
Sarah Curtis is a news reporter for theNorthern Advocate, focusing on a wide range of issues. She has nearly 20 years’ experience in journalism, most of which she spent court reporting in Gisborne and on the East Coast