Customs Seize Cannabis, Ecstasy Pills Worth HK$36m
"); jQuery("#212 h3").html("

"); });
2021-12-10 HKT 13:11
Customs officers say they have seized cannabis and ecstasy worth HK$36 million, foiling attempts by drug traffickers to cash in on sales of drugs for the festive season.
In operations conducted since early November, officers found 52,000 ecstasy pills in parcels intercepted at air cargo terminals and in town.
The pills were sent from Europe in parcels that were declared to be containing items such as sweets, coffee and bed sheets.
A 49-year-old man was arrested in Mong Kok on Thursday for allegedly receiving one of the parcels.
In another operation this week, officers seized 153 kilogrammes of cannabis buds, most of which were hidden in boxes of cereal shipped in from Canada.
The rest of the drugs were found in a warehouse in Tuen Mun.
Two men aged 25 and 43 were arrested in connection with this find.
At a press conference, divisional commander Alan Lau said Customs will step up inspections and enforcement ahead of the holidays.
"We believe there is an increasing trend due to the approaching Christmas and New Year holidays. We believe the drug traffickers are making use of this opportunity where parties and nightclubs would enable people to gather. These traffickers would take this opportunity to sell party drugs... in these venues," Lau said.
Officers also said they have seized 690 kilogrammes of cannabis this year, almost double the amount seized in 2020.
Alibaba Invests Over US$50 Billion To Drive AI And Cloud Expansion By 2028
Alibaba Group (9988.HK) revealed plans to invest over 380 billion yuan (US$52.44 billion) into its cloud computing and ... Read more
SFC IOSCO Asia-Pacific Meet-up Sets Roadmap For Sustainable And Secure Capital Markets
The Securities and Futures Commission (SFC) recently participated in a series of dialogues under the International Orga... Read more
WeLab Bank Accelerates AI Deployment With Deepseek To Enhance Efficiency
WeLab Bank has taken a significant step forward in its AI deployment strategy by exploring innovative solutions to enha... Read more
Fusion Bank Completes Core Banking System Migration In 10 Months With Tencent Cloud
Fusion Bank, a licensed digital bank in Hong Kong, has completed its migration to a new core banking system in collabor... Read more
Hong Kong Banks Can Begin Issuing Credit Cards In Mainland China From March 1
Hong Kong banks’ mainland credit cards will soon be available in mainland China, marking a significant step towards d... Read more
SFC Introduces ASPIRe Roadmap To Strengthen Virtual Asset Market In Hong Kong
The Securities and Futures Commission (SFC) outlined 12 key initiatives under the SFC virtual asset ASPIRe roadmap to e... Read more