Driver held over $25m bomb threats

PUBLISHED : Saturday, 09 January, 1999, 12:00am
UPDATED : Saturday, 09 January, 1999, 12:00am

A taxi driver was arrested yesterday for allegedly trying to blackmail four companies out of a total of $25 million by making bomb threats.

Police said the driver demanded in five letters that money be deposited in the bank account of a member of a loansharking syndicate which allegedly harassed him for a $10,000 debt.

Organised Crime and Triad Bureau officers are investigating if the man was intending to exact revenge for the harassment by planting evidence of criminal intimidation against the loansharks.

Superintendent Alex Yu Chi-hung said officers were investigating the activities of the syndicate.

The driver, in his 50s, was arrested at his Wong Tai Sin home.

Five letters were written to four companies between November 23 and December 8 last year demanding payments of between $5 million and $10 million be deposited into a bank account.

The writer threatened to plant bombs at the companies if the money was not paid.

'Initial investigation shows the culprit borrowed money from a loansharking syndicate,' Mr Yu said.

'His dissatisfaction over the way it collected debts from him made him commit the offence.'