Customs Foil Attempt To Smuggle Goods Worth HK$160mn

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2022-05-02 HKT 13:28

Share this story

facebook

  • Customs foil attempt to smuggle goods worth HK$160mn

Customs officials said on Monday they'd foiled an attempt to smuggle electronic goods worth HK$160 million to the mainland using a river trade vessel.

Officers said they stopped the boat bound for the mainland in western waters off Hong Kong on April 21 after intelligence suggested the vessel often travelled to the territory in the early hours and stopped briefly.

After X-ray examinations, officers found three out of the 55 containers on board that were said to be carrying LCD glass panels suspicious, and on further inspection found undeclared goods such as computer components, musical accessories and audio equipment in the middle and inner parts of the containers.

"We found the goods near the doors of the containers were LCD glass panels and monitors that were made in China. Why were these made in China products being shipped back to the mainland using a river trade vessel?" asked Wong Ching-fu from Customs' Syndicate Crimes Investigation Bureau.

"We believe the smugglers used these LCD monitors as a disguise to try to avoid our inspection," he added.

Officers said if the smugglers had managed to take the goods to the mainland, they would be able to evade tax worth HK$90 million.

A woman, 69, was arrested in connection with the case.

RECENT NEWS

HashKey Lists On Hong Kong Exchange

HashKey listed on the Main Board of The Stock Exchange of Hong Kong Limited, becoming the first digital asset company t... Read more

North Korea Linked To Over Half Of 2025 Crypto Heist Losses

TRM has published new research showing that North Korea-linked actors were responsible for more than half of the US$2.7... Read more

South Korea Forms Task Force After Coupang Data Breach

The South Korean government announced on Thursday (19 December) that it will establish an interagency task force to add... Read more

Is Hong Kongs Default Life Insurance Choice A Wealth Drain?

Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more

RedotPay Secures $107M Series B, Total Funding Hits $194M

RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more

91% Of Hong Kong Merchants Lose Revenue To Payment Friction

Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more