Customs Seize Smuggled Goods Worth HK$300m

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

Related News Programmes

"); });

2022-11-07 HKT 13:35

Share this story

facebook

  • Rita Li from the Syndicate Crimes Investigation Bureau says the goods had been destined to be smuggled to Tianjin. Photo: RTHK

    Rita Li from the Syndicate Crimes Investigation Bureau says the goods had been destined to be smuggled to Tianjin. Photo: RTHK

Customs officers on Monday said they recently made their biggest sea smuggling bust this year, seizing goods worth about HK$300 million and arresting two people from a logistics company.

Products including dried seafood, wine and endangered species were found in 10 cargo containers at the Kwai Chung Container Terminals in late October.

Rita Li from the department's syndicate crimes investigation bureau said the goods had been destined to be smuggled to Tianjin by boat.

"This is the first case involving such a large number of smuggled goods since the pandemic. We uncovered several smuggling cases using river boats in the past... therefore, syndicates changed their smuggling methods and used ocean-going vessels instead, aiming to increase the difficulty of our law enforcement," Li said.

Officers said some of the goods were exported to Hong Kong from the mainland as China adopts a zero tax rate on exports, and it's thought they were to be smuggled back to avoid tax.

RECENT NEWS

HashKey Lists On Hong Kong Exchange

HashKey listed on the Main Board of The Stock Exchange of Hong Kong Limited, becoming the first digital asset company t... Read more

North Korea Linked To Over Half Of 2025 Crypto Heist Losses

TRM has published new research showing that North Korea-linked actors were responsible for more than half of the US$2.7... Read more

South Korea Forms Task Force After Coupang Data Breach

The South Korean government announced on Thursday (19 December) that it will establish an interagency task force to add... Read more

Is Hong Kongs Default Life Insurance Choice A Wealth Drain?

Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more

RedotPay Secures $107M Series B, Total Funding Hits $194M

RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more

91% Of Hong Kong Merchants Lose Revenue To Payment Friction

Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more