Police Make Second Biggest Cannabis Bust In HK

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

Related News Programmes

"); });

2021-02-07 HKT 13:44

Share this story

facebook

  • Police make second biggest cannabis bust in HK

Police have seized HK$63 million worth of cannabis buds in Mai Po, the second biggest seizure of the drug in Hong Kong.

Officers found 280 kg of the drug and arrested a 41-year-old man when they raided a warehouse on Friday.

The man, who's believed to be a leading member of the drugs syndicate, has been charged with drug trafficking and will appear in the Kowloon City Magistrates' Court on Monday.

Officers said they believed the drugs were transported from North America for consumption here.

RECENT NEWS

SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion

SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more

4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA

The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more

Ripple Launches RLUSD Stablecoin In Japan Through SBI Group

Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more

SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan

SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more

Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences

Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more

European And South Korean Banks Form Project Pangea For FX Settlement

Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more