Four Arrested Over HK$25 Million Cocaine Haul

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

Related News Programmes

"); });

2019-01-23 HKT 18:04

Share this story

facebook

  • Four arrested over HK$25 million cocaine haul

  • Police display materials they believe were being used to manufacture drugs. Photo: RTHK

    Police display materials they believe were being used to manufacture drugs. Photo: RTHK

Police said on Wednesday that they had made four arrests after seizing HK$25 million worth of cocaine at a village house in Sha Tau Kok.

Officers from the Narcotics Bureau found 13 kilogrammes of half-processed cocaine and eight kilogrammes which was ready to go.

Manufacturing equipment and knives were also confiscated in the raid.

Three local men were arrested along with a man from Colombia.

Superintendent Ng Wing-sze said the village house was well hidden by trees and bushes, and it would be easy for people to go in and out without being seen.

She said the two-storey village house is located at a remote hill side, which had made it difficult for the police to detect the goings-on there.

"There’s a very high chance for the syndicate, if not detected by the police, to finish all the refining process and manufacturing process," she said.

Officers believe the cocaine was to be sold in Hong Kong.

RECENT NEWS

Jean-Louis Tse Appointed CEO Of FinTech Association Of Hong Kong

The FinTech Association of Hong Kong (FTAHK) has appointed Jean-Louis Tse as its new CEO. Jean-Louis brings over 20 yea... Read more

XTransfer To Present Compliance And SME Solutions At Hong Kong Fintech Week

XTransfer will participate in Hong Kong Fintech Week 2025 as the event’s Official Fintech Partner. This marks the sec... Read more

Hang Seng E-HKD Pilots Reveal Gains In SME Cash Flow And Efficiency

Hang Seng Bank has completed two use cases in Phase 2 of the e-HKD Pilot Programme under the Hong Kong Monetary Authori... Read more

FundPark Raises US$71M After Surpassing US$6B In ECommerce Financing

FundPark, a Hong Kong-based technology company providing financing solutions for eCommerce businesses, has raised US$71... Read more

Hang Seng Bank Launches “JustPay” With Voice Recording Payment Feature

Hang Seng Bank has introduced “JustPay”, an industry-first payment experience featuring a voice recording function.... Read more

How To Build An AI First Bank | Malaysia Banking CxO Roundtable

AI is changing banking faster than ever, from how banks detect fraud to how customers interact with apps. In this round... Read more