Police Make HK$170mn Drugs Bust In Fanling

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

Related News Programmes

"); });

2020-08-30 HKT 16:09

Share this story

facebook

  • Police make HK$170mn drugs bust in Fanling

Police said on Sunday that they had seized various illegal drugs including heroin, ice and ketamine worth a total of around HK$170 million after raiding a factory unit in Fanling.

Officers said the drugs were hidden inside drink bottles stored at the site.

Two men, aged 27 and 33, were arrested.

A superintendent from the Narcotics Bureau, Raymond Chou, said there has been a surge in the number of drugs busts this year, describing the situation as "worrying".

"During the pandemic, drug prices have risen, we have observed such a situation. It may cause drug dealers to smuggle more drugs at a time and increase the number of large seizures," he said.

As an example, Chou said police had seized 340 kilogrammes of ice in the first half of this year, more than 20 times the amount they found during the same period last year.

RECENT NEWS

HK Police And Regional Partners Arrest Over 1,800 In Cross-Border Scam Crackdown

In a major cross-border crackdown, Hong Kong police and law enforcement agencies from six countries and regions arreste... Read more

Tiger Brokers To Double Hong Kong Team As It Targets Offshore Chinese Wealth

Online brokerage Tiger Brokers intends to increase its Hong Kong headcount by two times to capture more offshore Chines... Read more

Behind The Unicorn: The Startup Struggles You Dont See Ft. Tessa Wijaya, Xendit

In this episode of Fintech Fireside Asia, I sit down with Tessa Wijaya, Co-founder and COO of Xendit, one of Southeast ... Read more

SFC Updates Guidance To Non-Face-to-Face Account Opening

The Securities and Futures Commission (SFC) has updated its guidance on acceptable non-face-to-face (NFTF) account open... Read more

NTTs Mobile Arm Set To Acquire SBI Sumishin Net Bank In US$5.1 Billion Deal

NTT Docomo, the mobile arm of Nippon Telegraph and Telephone (NTT), has announced plans to acquire online bank SBI Sumi... Read more

Visa Click To Pay Goes Live In Hong Kong Via ZA Bank

Visa, a digital payments provider, has announced a partnership with ZA Bank to roll out Click to Pay in Hong Kong today... Read more