Customs Seize Smuggling Haul Worth HK$1.2 Billion

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

Related News Programmes

"); });

2021-10-29 HKT 16:23

Share this story

facebook

  • Customs seize smuggling haul worth HK$1.2 billion

Customs officers said on Friday that an anti-smuggling operation earlier this month netted a haul of goods worth HK$1.2 billion – the most valuable on record.

The find includes luxury foodstuffs, wines, handbags, watches, clothes, shoes, electronic products and skincare items.

Officers said they intercepted a vessel carrying 24 cargoes destined for Guangzhou in the evening on October 14 near Tung Lung Chau.

They found the ship suspicious as it was said to be carrying 600 tonnes of plastic beads, which are readily available on the mainland.

Two people were arrested.

The syndicate could have evaded import taxes amounting to HK$2 billion, if they had successfully smuggled the items to the mainland, customs said.

RECENT NEWS

Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity

Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more

BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom

BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more

Webinar: When Account Takeover Moves Past Onboarding

Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more

JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson

JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more

Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term

The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more

Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal

Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more