Hong Kongers Pocket HK$9 Million After Van Spills Cash on Street

//Hong Kongers Pocket HK$9 Million After Van Spills Cash on Street

Hong Kongers Pocket HK$9 Million After Van Spills Cash on Street

By | 2014-12-26T08:23:14+00:00 December 26th, 2014|World|0 Comments

Hong Kongers who thought Christmas came a
day early have returned about half of HK$15 million that rained
down on a city street from a passing security van.

About HK$6 million ($773,186) of the cash that spilled out
of the rear door of a G4S Plc (GFS) van traveling down Gloucester
Road, Wan Chai, has been returned by people who picked it up, a
police spokeswoman said by phone today. Taxi drivers, their
passengers and pedestrians can be seen in footage posted to
youtube.com snatching up the HK$500 notes after they fell out of
the van.

A 43-year-old man and a 36-year-old woman were arrested for
allegedly keeping more than HK$160,000 of the bank notes,
according to the spokeswoman. Police had called on people to
return the cash, which was being delivered for BOC Hong Kong
Holdings Ltd. (2388)

BOC, in a statement yesterday, urged G4S to investigate the
incident and said the security company was liable for the lost
money. G4S said yesterday that three banknote cases fell from
the van and apologized to BOC and the public for “any
inconvenience or embarrassment which it may have caused,”
according to an e-mailed statement.

To contact the reporter on this story:
Fox Hu in Hong Kong at
fhu7@bloomberg.net

To contact the editors responsible for this story:
Bruce Grant at
bruceg@bloomberg.net
Stanley James