Customs Seize 47,000 Covid Pills
"); jQuery("#212 h3").html("
"); });
2022-04-11 HKT 20:19
Share this story
The Customs Department on Monday said it had seized 47,000 Covid tablets suspected of being illegally imported, along with tens of thousands of other suspected controlled pills.
It said it had confiscated a total of 117,000 tablets and 900 vials of medicine from late March to early April.
The haul, with an estimated market value of around HK$3 million, also includes drugs for heart disease and cancer.
The department said officers found some of the suspected drugs in parcels at the airport labelled as “gifts” or “health supplements”, and they found more tablets after they raided a unit of a commercial building in Sheung Shui.
A man, 55, was arrested and released on bail in connection with the investigation.
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