Billionaire and Coca-Cola heir Alkiviades “Alki” David was arrested on the Caribbean Island of St. Kitts last week after customs officials discovered 5,000 cannabis plants on his private jet. David and his friend Chase Ergen were taken into custody by officers with the Anti-Narcotics Unit at Robert L. Bradshaw International Airport after the plants, seed, and CBD oil products were found. David was then released but arrested again on May 9 when he tried to leave the island nation.
The billionaire was charged with crimes including possession with intent to supply, possession of controlled drugs and importation of a controlled drug into St. Kitts. David was released on bail after paying a cash bail of approximately $30,000. He is due for a court appearance on May 14 and has been required to surrender his travel credentials and report to the Frigate Bay Police Station daily while awaiting the hearing.
David is a member of the Leventis family and heir to the Leventis-David Group, the majority owner of the Coca-Cola Hellenic bottling plants in Europe. The resident of the Isle of Man has an estimated net worth of more than $3 billion, according to media reports.
A billionaire CBD advocate
David is a medicinal cannabis advocate and owner of the CBD oil company SwissX. David has denied the drug charges and claims that the plants carried aboard his aircraft are hemp and not illegal in St. Kitts.
“We’re going to go into the granular details of what cannabis genus it is,” David said at a press conference on Monday. “We didn’t even bring in cannabis, we brought in a cousin of cannabis that has been genetically modified.”
At the press conference, David blamed St. Kitts Prime Minister Dr. Timothy Harris for his arrest.