Police Seize Frozen Meat Worth HK$500m

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

Related News Programmes

"); });

2021-10-05 HKT 17:01

Share this story

facebook

  • Police seize frozen meat worth HK$500m

Police said on Tuesday they had seized 1,700 tonnes of frozen meat worth HK$500 million that could have been destined to be smuggled to the mainland.

Officers also seized two speedboats, arresting a man on suspicion of operating a cold store without a licence and constructing vessels for the purpose of smuggling.

The force said it raided a site in Lung Kwu Tan after learning that meat was being stored in refrigerated containers there before being moved at sea, by barge and speedboat.

Separately, marine police said they had found three modified speedboats in Deep Bay and Lantau that they believed could have been used by smugglers.

RECENT NEWS

Vietnam And South Korea Launch Cross-Border QR Payments

Vietnam and South Korea have launched cross-border QR payments that allow Korean users to pay merchants in Vietnam thro... Read more

WeChat Pay Integrates With Local QR Networks In 5 Asian Countries

WeChat Pay has integrated its service with national QR code networks in five Asian countries, simplifying cross-border ... Read more

Global Transition Finance Ecosystem Gains Momentum

The global transition finance ecosystem is gaining momentum. According to new research by the Hong Kong Institute for M... Read more

Banking Circle Taps PayGate To Ease KRW Cross-Border Payments Into South Korea

Global payments bank Banking Circle will now handle cross-border transactions and settlement flows for South Korean pay... Read more

Equinix AI Discovery Hub Opens In Hong Kong For Enterprise AI

Digital infrastructure company Equinix is partnering with Hewlett Packard Enterprise (HPE) to launch the Equinix AI Dis... Read more

Tencent, Alibaba Eye DeepSeek Stake As AI Startup Tops US$20B Valuation

Chinese tech giants Tencent and Alibaba are in discussions to invest in AI startup DeepSeek, The Information reported, ... Read more