Hong Kong police seize HK$900 million worth of cocaine in biggest such bust in nearly a decade

Apr 4, 2021 | INVESTING

Hong Kong police have seized 700kg of cocaine worth about HK$900 million (US$115.7 million) in their largest bust of the narcotic in a decade. Officers arrested two men, aged 19 and 25, after finding bricks of cocaine in Fo Tan and Sha Tin on Friday and Saturday. A haul of heroin and methamphetamine worth HK$15 million was also found in Sau Mau Ping in a separate operation, which led to the arrest of a third man. “We believe the cocaine was shipped into Hong Kong from South America with…

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