A man accused of interstate drug trafficking and found with $5 million cash hidden inside the truck he was driving has been granted conditional bail at a Victorian court.
Michele Donato, 47, was arrested by officers while behind the wheel of the vehicle on Dorcas St in Melbourne's Southbank about 9.30pm on Tuesday.
Authorities later seized seven grams of cocaine as well as the cash, which they allege was found in 11 boxes hidden behind a custom-built false wall at the back of the truck.
The South Australian was charged with knowingly possessing proceeds of crime with intent to conceal, as well as trafficking and possessing cocaine.
Donato faced magistrate Steven Raleigh on Wednesday and was granted conditional bail after his wife agreed to increase his surety from the originally proposed $20,000 to $50,000.
Police told Melbourne Magistrates' Court he was involved in "large-scale interstate drug trafficking" and was transporting the seized cash in relation to this operation.
They said Donato was also found in possession of two mobile phones, one of which was cypher-encrypted.
His lawyer, Nelson Brown, said the father-of-two had an aggressive form of rheumatoid arthritis and needed to attend an urgent appointment in Adelaide next month.
Mr Brown also said the prosecution had an "extremely weak" case in connecting Donato to the seized cash, given no forensic examination of the money had been completed and that his client didn't own the truck.
However Mr Raleigh disagreed.
"He's driving the truck, he's pulled over and $5 million is found - what do you consider a strong case?" he said.
"I say it's a strong prosecution case (but) we'll just have to agree to disagree."
Mr Raleigh granted Donato bail on condition he remains at the one address in Adelaide, report to local police, pay a $50,000 surety, surrender his passport and stay away from international departure points.
He will face court again in Melbourne via video link on March 24.