'Drugs Worth HK$25mn Found In Mong Kok Apartment'
"); jQuery("#212 h3").html("
"); });
2020-10-05 HKT 13:59
Share this story
Police said on Monday that they seized suspected cocaine and ice worth over HK$25 million from a Mong Kok flat after the arrest of a 36-year-old man in an anti-drug operation.
Senior inspector Tsang Tsz Yau said on Saturday they found the non-Chinese man acting suspiciously on Portland Street, and a search found three kilos of suspected cocaine in a paper bag he was carrying.
The police said they then issued a warrant to search a flat he led them to and found large amounts of suspected drugs stored in suitcases, along with some rubber bands and gloves.
"We found many suitcases inside the flat, and in them some 12.1kg suspected cocaine, 1.4kg suspected ice, and some powder for diluting drugs," said Tsang.
HSBC Launches TradeCash In Hong Kong To Accelerate Trade Finance Access
HSBC has launched a digital trade finance tool called HSBC TradeCash, allowing businesses in Hong Kong to upload sales ... Read more
HKEX And HKMA Launch Pilot On E-HKD For After-Hours Margin Payments
Hong Kong Exchanges and Clearing Limited (HKEX) and the Hong Kong Monetary Authority (HKMA) have launched a joint pilot... Read more
Can You Trust AI Agents To Stay Within Your Intent?
Checking someone’s ID at the door of a nightclub tells you who they are, but it does not tell you how they will behav... Read more
China CITIC Bank Taps Tencent Cloud For Fintech 2.0 Banking Push In Hong Kong
Tencent Cloud has signed a strategic cooperation agreement with China CITIC Bank International (CNCBI) to support the d... Read more
Payful Launches Cloud-Based Visa Charge Card Programme Via BPC SmartVista
Chinese cross-border payment company Payful has launched a cloud-native Visa charge-card programme for corporate and me... Read more
Hong Kong Banking Taskforce Convenes To Plan Northern Metropolis Financing
The Northern Metropolis Financial Advisory Taskforce held its inaugural meeting on 17 June to discuss the financing nee... Read more