Customs Officers Seize Pills Worth HK$55 Million

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

Related News Programmes

"); });

2021-10-25 HKT 12:09

Share this story

facebook

  • Customs officers seize pills worth HK$55 million

Customs officers said on Monday they had seized suspected controlled medicine with a street value of around HK$55 million.

Five people, aged between 27 and 41, were arrested at the airport, a Hung Hom warehouse and a logistics centre in Sheung Wan, in an operation that ended early this month.

Officers said around 1.6 million pills were seized, most of them a form of virility medication.

Rita Li, who heads customs' syndicate crimes investigation bureau, said the pills were posted to Hong Kong from India and could have been destined to be repackaged and sent to Europe and the United States.

RECENT NEWS

SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion

SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more

4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA

The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more

Ripple Launches RLUSD Stablecoin In Japan Through SBI Group

Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more

SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan

SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more

Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences

Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more

European And South Korean Banks Form Project Pangea For FX Settlement

Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more