A Sydney man has admitted to large-scale drug supply after he was found in possession of about 1kg of ice and $40,000 in cash in Newcastle earlier this year.
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Kevin Song, 31, will face Newcastle District Court on December 14 to get a sentencing date, after he pleaded guilty in the local court on Wednesday to one count each of supplying a large commercial quantity of a prohibited drug and dealing with the proceeds of crime.
Song and his co-accused, Jae Son, were arrested in a Hunter Street carpark in March as part of a police strike force investigation into a suspected drug supply operation between Sydney and Newcastle.
Mr Son, who is on Supreme Court bail and has not yet entered any pleas to a string of similar charges, will face Newcastle Local Court again on December 6.
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According to court documents filed in Song's matter, police found 983.4g of methylamphetamine and $40,000 cash - believed to be the proceeds of crime - when they arrested the Homebush West man just after 1pm on March 22.
Song remains in custody as he awaits sentencing.