Search Keywords
Financial Times Wall Street Journal Economist
News Period From   To
News: 60885    Funds: $437    Pays: $524

Go Back to
News List
|
|
This News on
Daily Paywall
  Rated 288 | Views 915
Rate it | Share it 

Asia News
Piles of Cash Pour Onto Hong Kong Road
From the Wall Street Journal of Wed, 24 Dec 2014 06:59:56 EST
Up to $2 million worth of Hong Kong banknotes spilled from an armored van on a busy Hong Kong road Wednesday, leading people to get out of their cars to scoop up money.
Up to $2 million worth of Hong Kong banknotes spilled from an armored van on a busy Hong Kong road Wednesday, leading people to get out of their cars to scoop up money. Bloomberg News

HONG KONG—An armored van spilled nearly US$2 million in cash onto the westbound lane of one of Hong Kong’s busiest thoroughfares on Christmas Eve, bringing traffic to a halt as people jumped out of their cars and scrambled to scoop up money.

Photos posted on local news outlets showed taxi drivers and passengers crouching in the middle of Gloucester Road in Wan Chai on Wednesday afternoon as they tried to grab some of the scattered 500 Hong Kong dollar notes, which are worth about US$65 apiece.

Three containers carrying HK$15.23 million of cash slid out of the van through the rear door, which wasn’t properly closed, police said, but an investigation into the cause of the incident is continuing.

The van was transporting a total of 30 containers of cash from Hong Kong Island to Kowloon on the opposite side of Victoria Harbour.

Police sealed off the affected lanes of the highway to retrieve the loose cash. Officers armed with rifles and wearing bulletproof vests were seen guarding the three containers that had fallen onto the road.

Authorities are calling on people who recovered any of the lost cash to return it to the police; otherwise, they say, they could face prosecution for theft.

Parts of Gloucester Road were affected by the recent pro-democracy protests in the city, but traffic had returned to normal since the protest sites were cleared earlier this month.

Write to Chester Yung at chester.yung@wsj.com



This article is provided by DailyPaywall.com, which is published and distributed by Paolo Cirio Ltd., registered in England, number 8188080. Registered Office: Suite 36, 88-90 Hatton Garden, City of London, EC1 N8PG, United Kingdom. Paolo Cirio Ltd. alone is responsible and liable for information and services provided through Daily Paywall’s newspaper and website.

Daily Paywall pays for reading these newspapers’ news!




Earn Money
Offer Money
Buy Advertising
Buy Artwork Article

Similar Articles
The most relevant news can also help with your daily little expenses!