South China Morning Post CENTER (0.0) Reliability: 7.5/10

HK$261 million of frozen crime funds may take 7 years to reach Hong Kong coffers

✍️ Jess Ma 📅 February 22, 2026 04:00 AM ⏱️ 1 min read 🕐 Scraped: February 22, 2026

Summary: Trials and other legal procedures must first be completed before funds can be deposited into treasury, insider says.

Hong Kong authorities froze HK$261 million (US$33.4 million) in suspected criminal proceeds linked to money laundering and drug trafficking last year, but experts say it may take as long

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📝 Article Information

Author

Jess Ma

Original Publisher

🌍 South China Morning Post

CENTER Bias (0.0)

Published Date

February 22, 2026 at 04:00 AM

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