Customs Officers Make HK$125m Ketamine Seizure

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

"); });
2021-09-02 HKT 14:41
Customs officers say they have seized HK$125 million worth of ketamine which arrived as sea cargo from Pakistan.
Officials said drugs from Pakistan usually arrived by air in the past, but traffickers have increasingly opted for sea routes since the pandemic disrupted border arrangements.
"To reduce the risk of interception by law enforcement, drug syndicates they adopt a strategy we call merry-go-round," explained Lee Kam-wing, the head of customs' drug investigation bureau said on Thursday.
"That means a large quantity of drugs was pushed out to the sea by sea cargo, which could allow syndicates to find time in finding buyers and changing the final destination while the drugs are still at the sea."
The 220 kilogrammes of ketamine were hidden inside rolls of cotton yarn. The drug was discovered after customs boosted their screening of suspicious containers following a tip-off by overseas counterparts.
A 35-year-old woman in charge of a logistics firm was arrested over the haul.
Stripe Launches Terminal In Japan To Bridge Online And Offline Commerce
Stripe, the programmable financial services company, has launched Stripe Terminal in Japan, aiming to help businesses i... Read more
MUFG Bank Invests In AI Firm LayerX, Signs Strategic Partnership
MUFG Bank and MUFG Innovation Partners (MUIP), both subsidiaries of MUFG, have invested in LayerX, a Japanese startup d... Read more
Bosch And Alibaba Expand Partnership On Cloud, AI And E-commerce
Bosch, a global supplier of technology and services, and Alibaba Group have announced an expanded strategic partnership... Read more
MUFG Provides $75M Credit Facility To EarnIn
Mitsubishi UFJ Financial Group (MUFG), Japan’s largest financial services provider, has announced the completion of a... Read more
35% Of Hong Kong Shoppers Remain Cautious About AI In Retail
Adyen, a global financial technology platform, has released its Adyen Index 2025, highlighting how Hong Kong’s retail... Read more
Japan Post Bank To Launch Digital Yen By 2026
Japan Post Bank announced it will introduce a digital yen by the end of fiscal 2026 to make digital financial transacti... Read more