Customs Seize HK$1.4 Million Heroin Haul
"); jQuery("#212 h3").html("
"); });
2019-02-22 HKT 23:28
Share this story
Customs officers have seized suspected heroin with an estimated street value of HK$1.4 million that was wrapped around the body of a passenger arriving at the airport on Friday.
A 32-year-old Malaysian man has been arrested and charged with one count of trafficking in a dangerous drug and will appear before Kowloon City Magistrates Court tomorrow.
Officers arrested the man at Customs clearance. He is said to have been carrying 1.5 kilograms of the drug.
The maximum penalty for drug trafficking is a fine of HK$5 million and life imprisonment.
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