A TEACHER caught with cocaine valued at £30,000 has been ordered to pay just £5 as the proceeds of crime.
Michael Younghusband was jailed for three years and four months at Durham Crown Court last September after police watched him receive 750g of cocaine at meeting near Penshaw Monument, close to his home in Kingswood, Penshaw.
Younghusband, 30, then a teacher at Dene Community School, in Peterlee, admitted possessing a class A drug with intent to supply it.
He was back before the same court yesterday for a hearing to determine if any of his assets can be seized as the proceeds of crime.
Prosecutor John Gillette said Younghusband’s benefit from crime has been assessed at £32,271.40, but he has no assets.
The Recorder, Mr Ray Singh, said: “Since no assets have been identified, then a nominal £5 order will be made.”
Younghusband could still lose £7,000 cash which police found in £1,000 bundles in his house when they arrested him.
The money is the subject of separate confiscation proceedings which will be heard by a magistrates’ court on a date to be fixed.