High-value Seafood Syndicate Smashed
"); jQuery("#212 h3").html("
"); });
2019-06-27 HKT 18:51
Customs officers say they have for the first time smashed a high-value seafood smuggling syndicate. Eight men were arrested.
In an anti-smuggling operation on Wednesday, a total of 5.2 tonnes of suspected smuggled chilled fish, with an estimated market value of about HK$1 million, were seized in Sha Tau Kok.
In their operation, officers said they found three men moving chilled fish from a lorry onto a speedboat. They took action and seized the batch.
They then intercepted three lorries in the vicinity and found suspected smuggled chilled fish inside the cargo compartments of two of them.
Customs officers also searched five companies in Sha Tau Kok, Mong Kok and Kowloon Bay and took away documents.
The syndicate is said to have brought in the items from the Philippines and Indonesia and then tried to smuggle them into the mainland, to evade mainland import duty.
The eight suspects are aged between 36 and 54. They have been released on bail, pending further investigation.
Customs officers also seized six lorries and eight speedboats in their operation.
Hong Kong FPS To Enable Small Cross-Border Payments With Mainland China By Mid-2025
The Hong Kong Monetary Authority (HKMA) has announced plans to connect the Hong Kong FPS with mainland China’s Intern... Read more
Asian Financial Forum Kicks Off In Hong Kong With Over 3,600 Attendees Expected
The 18th Asian Financial Forum (AFF) kicked off yesterday (13 January) at the Hong Kong Convention and Exhibition Centr... Read more
HashKey Group Secures In-Principle Approval For VASP License In Dubai
Hong Kong-based HashKey Group announced that its subsidiary, HashKey MENA FZE, has received In-Principle Approval (... Read more
IFAST Expands Offerings With Custodian Role For Private OFCs In Hong Kong
Fintech solutions provider iFAST HK can now act as a custodian for private Open-ended Fund Companies (OFCs). The OFC re... Read more
Hong Kongs Digital Banks Rethink Physical Branches To Improve Customer Experience
Some Hong Kong digital banks are rethinking their strategies and considering physical branches in Hong Kong, according ... Read more
WeLab Bank Hits Breakeven Four Years After Launch
WeLab Bank announced that it achieved breakeven in December 2024, just over four years after its launch. This update fo... Read more