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Crime in Hong Kong
Hong KongLaw and Crime

Gang snatches HK$32 million in ambush on money exchange staff on busy Hong Kong street

The five men were on the way to a bank to deposit the money – which was in two suitcases – when they were attacked in Tsim Sha Tsui

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One of the robbery suspects arrested on the flyover. Photo: Handout
Clifford Lo

Five men were robbed of more than 400 million Japanese yen (HK$32 million) in an ambush by a gang in Tsim Sha Tsui on Friday.

Three of the gang of eight men were later arrested and the money recovered, but the other five were last night still on the run.

The five employees of a money exchange company, all Indians, were on their way to a bank to deposit the money – contained in two suitcases – when they were attacked outside Friends’ House on Carnarvon Road about 11.30am.

Some of the gang were armed with sharp objects as the victims were punched and kicked. Four of the robbers fled with the money in a seven-seater vehicle.

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Superintendent Chan Tse-Leung of Yau Tsim Police district said the two suitcases were later found on board the getaway car that was intercepted in a flyover outside Mei Foo Sun Chuen housing estate in Lai Chi Kok just before 1pm.

Police intercepted the suspects’ getaway car on a flyover. Photo: Handout
Police intercepted the suspects’ getaway car on a flyover. Photo: Handout
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Two rear-seat passengers jumped out of the vehicle and fled on foot. Chan said the pair jumped off the flyover but one injured his leg and was arrested while the other suspect managed to escape.

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