Two Men Arrested In HK$25 Million Drug Bust
"); jQuery("#212 h3").html("
"); });
2022-06-09 HKT 22:13
Share this story
Police said on Thursday they seized about HK$25 million worth of suspected meth, and arrested two men in relation to the case.
Officers said they took action on Wednesday after they discovered that a syndicate had stored a large amount of drugs in a residential flat in Hung Hom.
They said 48kg of suspected methamphetamine – disguised as tea – was found in the operation, after they stopped and searched a suspicious-looking man who came out of a flat.
Officers said the man rented the unit to store and distribute the drugs, as instructed by the syndicate.
The second man, who officers believe is the group’s mastermind, was arrested in Ma On Shan.
Hong Kong Stablecoins Bill Officially Passed, Set To Come Into Effect Later This Year
The Hong Kong government welcomed the Legislative Council’s passing of the Stablecoins Bill today, 21 May 2025. The b... Read more
From Fishermans Son To Fintech Founder: How CapBay Grew RM 6,000 To RM 4 Billion
What started as a RM6,000 loan funded out of their own pockets has grown into over RM4 billion disbursed to more than 2... Read more
Ping An Launches EagleX Global Version For Real-Time Climate Risk Insights
Ping An Insurance (Group) Company of China, Ltd, announced that its subsidiary, Ping An Property & Casualty Insuran... Read more
FWD Resubmits Hong Kong IPO Application Amid Market Recovery
FWD Group, an insurance company backed by billionaire Richard Li Tzar-kai, submitted a new application for an initial p... Read more
Hong Kong Police Crush HK$118M Crypto Laundering Ring, 500 Mule Accounts
In a fresh crackdown on crypto-related crime in Hong Kong, the Hong Kong police arrested 12 individuals for running a c... Read more
Adyen And JCB Launch Card-on-File Tokenisation To Boost Payment Security
Adyen and JCB Co., Ltd. have launched JCB’s card-on-file (COF) tokenisation service, designed to improve the securit... Read more