The Hong Kong police made history over the weekend with the biggest drug bust in the city’s history, seizing a massive 567kg of suspected cocaine which is estimated to be worth HK$600 million or $77 million USD. Just for reference, 567kg of cocaine is roughly equivalent to the combined weight of Yao Ming, Shaquille O’Neal, a hefty-sized adult male lion, and a large bag of dog food. Now that is one big bag of blow.
The crackdown on the transnational drug trafficking syndicate followed after a tip-off, resulting in the arrest of eight people in the Tuen Mun district of the New Territories, where 50kg of cocaine was found in their possession. This was followed by a raid in a warehouse in the nearby area, where another 467kg of cocaine was seized, along with packing equipment. Meanwhile, another 50kg was found in a residential unit in Cheung Sha Wan as well as $50,000 at another unit in Mong Kok.
Police believe the warehouse was used as a drug packaging and storage center. The cocaine was contained inside plastic engine oil and automotive transmission fluid containers for recycling, according to the Narcotics Bureau Chief Superintendent John Paul Ribeiro. Ribeiro also said that the drugs were possibly destined for mainland China or other countries.
This drug raid topped last year’s 372kg cocaine drug seizure from a suburban house. Drug trafficking carries a maximum penalty of life imprisonment and a fine of HK$5 million ($644,000USD) in Hong Kong.
Meanwhile, there’s a high likelihood that Hong Kong’s financial industry warriors are severely bummed out by the bust.