Drugs Worth HK$11mn Seized From Sheung Shui Flats

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

Related News Programmes

"); });

2019-04-16 HKT 16:49

Share this story

facebook

  • Police suspect the seized drugs were made in one of the flats. Photo: RTHK

    Police suspect the seized drugs were made in one of the flats. Photo: RTHK

Police have seized cocaine and ice worth HK$11 million from two apartments in Sheung Shui, arresting three men in connection with the haul.

On Sunday afternoon, investigators acted on a tip-off and raided an apartment in Chi Cheong Road, finding 4.3 kilogrammes of cocaine, police said.

During the operation, two men were arrested and police said one of them was carrying a further kilo of cocaine.

Police also searched another apartment nearby and found another 5.3 kilos of cocaine, 15 grammes of ice, and drug making equipment. They arrested a 62-year-old man who they suspect was making the drugs.

Senior inspector Cheng Ki-fung said he believes they have successfully busted a drug-making and trafficking cartel. He said they are now investigating the details of how the operation was organised.

RECENT NEWS

OKI And Hitachi To Launch Joint Venture For ATM And Automated Equipment In October

OKI, Hitachi, and Hitachi Channel Solutions have announced that they have reached agreements to integrate their automat... Read more

The Race For Hong Kongs First Stablecoin Licenses Is Almost Over

I’ve been refreshing the Hong Kong Monetary Authority’s register of licensed stablecoin issuers frequently over the... Read more

HTF Securities And Alchemy Pay Expand Hong Kong Type 1 License For Virtual Assets

Alchemy Pay has announced that, in partnership with HTF Securities Limited, it has successfully expanded HTF Securities... Read more

Ping An Digital Bank Rebrands As Deposits Exceed HK$12 Billion

Ping An Digital Bank has introduced a new brand identity, aligning more closely with its parent, Ping An Insurance. The... Read more

Futus PantherTrade Launches Full-Scale Licensed Operations In Hong Kong

Futu has announced that its wholly-owned virtual asset trading platform, PantherTrade, has begun full-scale licensed op... Read more

Mastercard Enables AI Agent To Complete Live Ride-Booking Payment In South Korea

Mastercard has completed a live, authenticated agentic transaction in South Korea, marking a key development in AI-powe... Read more