Customs Make Largest Airport Drug Bust Of The Year
"); jQuery("#212 h3").html("

"); });
2020-09-12 HKT 00:37
Customs officers have made the largest drug bust of the year so far at Hong Kong International Airport, seizing 31 kilos of liquid cocaine along with 910 grammes of ketamine and 520 grammes of methamphetamine at an address in Yau Ma Tei. The suspected drugs have a street value of about HK$45 million.
The liquid cocaine was found inside 45 bottles of wine that had arrived in an air cargo consignment from the United States on Monday. Officers then arrested a 40-year man in connection with the case in Yau Ma Tei. The ketamine and methamphetamine were found at a residential address, along with a set of suspected drug paraphernalia.
Officers also discovered about a kilo of suspected cocaine, with a street value of HK$1.4 million, in an air parcel that had arrived from Canada on September 5. A 36-year-old woman in Yau Ma Tei was then arrested.
The arrested woman has been charged with one count of trafficking in a dangerous drug, while the arrested man has been charged with two counts of trafficking in a dangerous drug and one count of possession of apparatus fit and intended for the inhalation of a dangerous drug. They will appear at Kowloon City Magistrates' Courts on Saturday.
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
Do Kwon Faces Possible Trial In Korea After US Conviction
Do Kwon, the crypto tycoon behind the 2022 collapse of TerraUSD and Luna, caused an estimated US$40 billion in investor... Read more
Startale, SBI Holdings To Develop Japans Regulated Yen Stablecoin
Startale Group and SBI Holdings have signed a MoU to jointly develop and launch a fully regulated Japanese yen-denomina... Read more
KakaoBank Expands In Indonesia Through Superbank Partnership
KakaoBank, South Korea’s largest internet-only bank, is accelerating its global expansion through a deepened partners... Read more
