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

OCBC Plans Hong Kong Wealth Expansion With Up To 50 New Bankers

OCBC is expending its wealth management team in Hong Kong by 30% this year to meet growing regional demand for investme... Read more

Hana Financial To Acquire US$669M Stake In Dunamu, Deepening Crypto Push

Hana Financial Group has agreed to acquire a 6.55% stake in digital asset operator Dunamu. The transaction is valued at... Read more

Reap And TerraPay Partner To Expand Cross-Border Payouts Via Local Payment Rails

Reap has partnered with TerraPay to expand its cross-border payout network using domestic clearing systems. The integra... Read more

Tencent Fintech And Cloud Services Lift Q1 2026 Revenue 9% To US$8.68 Billion

Tencent reported a 9% increase in revenue from its fintech and business services division for the first quarter of 2026... Read more

Ant Group Profit Falls An Estimated 79% As AI And Payments Spending Rises

Ant Group saw an estimated 79% decline in quarterly profit as the company accelerates its spending on AI, large languag... Read more

Alibabas Cloud Revenue Jumps 40% As AI Investments Pressure Profitability

Alibaba Group has released its financial results for the quarter and fiscal year ending 31 March 2026, reporting a 3% a... Read more