Police Seize Speedboats In Anti-smuggling Operation
"); jQuery("#212 h3").html("

"); });
2021-11-07 HKT 16:20
Police have seized ten high-power speedboats and 57 outboard engines in a warehouse in Tuen Mun in an anti-smuggling operation.
Officers believe the vessels and the engines are worth more than HK$25 million in total.
At a press briefing on Sunday, assistant district commander Chong Shing-yat said the biggest vessel was 15 metres long and had six outboard motors fitted, which allowed it to travel at up to 60 knots, or 110 kilometres, per hour.
He said the operation was conducted on Thursday, and it was the first time officers had seized so many outboard engines in a single operation.
Chong added the vessels are probably planned for smuggling goods or people.
The warehouse on Lung Ku Tan Road in which the vessels were found was located at a remote location, and was hidden behind containers, making it more difficult for officers to find them, Chong said.
Five Years In: Lessons From Asias Digital Bank Revolution | David Becker, MD APAC, Mambu
Digital banking in Asia was supposed to change the world. Five years later, did it live up to the hype? In this in-dept... Read more
19th Asian Financial Forum To Spotlight Finance And Global Opportunities
The 19th Asian Financial Forum (AFF), co-organised by the Hong Kong SAR government and the Hong Kong Trade Development ... Read more
HK Banks Launch Money Safe Service To Protect Deposits
The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) announced on 30 December that all... Read more
HashKey Lists On Hong Kong Exchange
HashKey listed on the Main Board of The Stock Exchange of Hong Kong Limited, becoming the first digital asset company t... Read more
North Korea Linked To Over Half Of 2025 Crypto Heist Losses
TRM has published new research showing that North Korea-linked actors were responsible for more than half of the US$2.7... Read more
South Korea Forms Task Force After Coupang Data Breach
The South Korean government announced on Thursday (19 December) that it will establish an interagency task force to add... Read more