Two men accused of importing $61m of cocaine hidden in yacht at Townsville

Matthieu Anthony Rees and Rachid Kachour arrested at ACT apartment after federal police seize 247kg of cocaine

• Follow our Australia news live blog for the latest updates
• Get our morning and afternoon news emails, free app or daily news podcast

Two men have been accused of importing more than $61m worth of cocaine by sea after Australian federal police seized 247kg of the drug allegedly hidden in a yacht in Queensland.

Matthieu Anthony Rees, 44, and Rachid Kachour, 55, both from Griffith in the ACT, were arrested at their apartment on Thursday as part of an investigation into cocaine seized from a yacht moored in Townsville.

Sign up for Guardian Australia's free morning and afternoon email newsletters for your daily news roundup