Customs Officers Make HK$125m Ketamine Seizure

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

Related News Programmes

"); });

2021-09-02 HKT 14:41

Share this story

facebook

  • Customs officers make HK$125m ketamine seizure

  • Customs officials say drug traffickers have increasingly opted for sea routes because of the pandemic. Photo: RTHK

    Customs officials say drug traffickers have increasingly opted for sea routes because of the pandemic. Photo: RTHK

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.

RECENT NEWS

ZA Bank Brings Nasdaq Data To Hong Kong, Expanding US Stock Access And Investor Education

ZA Bank and Nasdaq have announced a collaboration aimed at enhancing digital wealth management in Hong Kong and interna... Read more

Hong Kong To Study One‑Stop Infrastructure For Equities, Bonds And Digital Assets

The Hong Kong Monetary Authority’s (HKMA) CMU OmniClear and the Hong Kong Exchange (HKEX) are set to begin a study on... Read more

Hong Kong To Issue First Stablecoin Licenses In March, Expand Crypto Regulation

Hong Kong will issue its first licenses for fiat-referenced stablecoin issuers in March and introduce new legislation l... Read more

MSIG Joins US$6B IFC Credit Insurance Facility To Boost Emerging Market Lending

MSIG USA and Mitsui Sumitomo Insurance (MSI Japan), together referred to as MSIG, have joined a new insurance-ba... Read more

Why The $2 Trillion Stablecoin Prediction Is Too Low

McKinsey estimates the stablecoin market will hit $2 trillion by 2028. But according to Sam Lin, COO of dtcpay, even th... Read more

RedotPay Eyes US IPO With Potential US$1 Billion Raise

RedotPay is reportedly exploring an IPO in the US that could raise more than US$1 billion, according to people famili... Read more