It rained HK$500 banknotes. HK$4.8m recovered of missing HK$15m cash fell from security van on Christmas Eve. Would you return cash POLL.

It rained HK$500 banknotes. HK$4.8m recovered of missing HK$15m cash fell from security van on Christmas Eve

Hong Kong police say they have recovered some HK$ 4.8 million out of the HK$15 million that went missing after a money transport van with a faulty rear door spilled large bundles of cash over a busy road on Christmas Eve.

Some motorists and passers-by treated themselves to an early Christmas around lunchtime on Wednesday, dashing onto Gloucester Road to pick up large stacks of banknotes before armed policemen were able to stave them off and restore order.

After extensive appeals, police said on Thursday afternoon that 27 people had handed over cash, including two individuals who returned HK$1 million and one person who handed in HK$2 million.

The police had previously asked the public to help return as much as HK$15 million which went missing in the frantic scramble for the cash, most of it in HK$500 notes, the equivalent of about US$65.

The van was transporting a total HK$525 million in cash, police said. Each cash box it carried contained HK$17.5 million.

“Police will continue to seek evidence and chase back any lost money,” a police spokesman told the South China Morning Post. 

On Wednesday, police superintendent Wan Siu-hong asked those who had picked up the money to hand it over to any police officer or police station as soon as possible.

“If he or she keeps the money for his own use, he may commit an offence of theft which is a very serious crime under ordinance,” he said.

No arrests have currently been made.

Following the incident, British security service company G4S – responsible for transporting the cash – told the Post it expected to be liable for the loss of millions.

A spokeswoman said an internal probe was underway, but initial findings blamed a van door malfunction.

Watch: People scramble for cash after van spills banknotes on busy Hong Kong street

People were seen darting onto Gloucester Road in an attempt to scoop up handfuls of HK$500 notes, while witnesses spoke of at least one person collecting an armful of still-wrapped bundles of notes.

Police superintendent Wan Siu-hong on Wednesday asked those who had picked up the money to hand it over to any police officer or police station as soon as possible.

“If he or she keeps the money for his own use, he may commit an offence of theft which is a very serious crime under ordinance,” he said.

The security company van was transporting a total HK$525 million in cash, police said. Each cash box it carried contained HK$17.5 million in HK$500 notes.

Cash is strewn over Gloucester Road in Wan Chai. Photo: SCMP
Of the HK$35 million that fell from the van, some HK$20 million had been retrieved by yesterday afternoon, according to the police.

Despite the excesses of cash spilled, the van operated by three guards continued driving to G4S’s headquarters in Cheung Sha Wan, Kowloon, 14 kilometers way, until the incident was reported.

A picture taken by an SCMP photographer at the scene showed a single bundle of HK$500 notes wrapped in plastic, with a sticker on the side bearing the figure HK$500,000 from the Bank of China (Hong Kong).

One witness, an office worker at a nearby building who requested anonymity, told the SCMP he saw a “regular looking Hong Kong lady” pick up at least 10 cash bricks before quickly walking off, although he could not verify the denominations of notes she was carrying.

A bundle of HK$500 notes sits on sacks by the side of the road. Photo: SCMP
I saw a lady with 10 of them, easily. She looked like a very regular Hong Kong lady. She had an armful of bricks of cash – it was a much as she could carry. She just disappeared into the depths of Wan Chai,” the witness said.

The eyewitness said he had just left his office building when he noticed traffic grind to a halt.

“It all started slowing down and I noticed a couple of blue boxes on the road. I thought a lorry had lost some of its load. I saw a few people in the street picking up what I thought were iPhone boxes. As I got closer I saw they were wrapped bundles of bills.

“As well as the packed money there were HK$500 bills lying on the road itself.

“At first people did nothing, then one person went into the road,” the witness said, before telling how others quickly followed suit.

“You couldn’t make it up. There were 20 or 30 people picking up cash from the road on Christmas Eve. They looked like schoolkids who knew they were being naughty, but thought, ’this is a once in a lifetime thing’. Everyone had the same look on their face.”

Heavily armed police guard the scene of the spill on Gloucester Road, Hong kong. Photo: Bruce Yan
Pictures posted on social media showed a taxi driver abandoning his car in the middle of the busy dual carriageway and scrambling around on the tarmac in an effort to collect some of the cash.

A police spokesman said: “At 1.51pm police received calls from members of the public that lots of money was on the road and some people were picking it up. It was suspected the money had fallen from a cash escort vehicle.”

Armed police quickly arrived on the scene and cordoned off two lanes of Gloucester Road. The eyewitness said officers became angry as those collecting notes initially ignored their call to get out of the road, before the site was cordoned off.

Three boxes, which appeared to be containers used by security firms to transport large amounts of money, could be seen stacked up in the middle of the road being guarded by dozens of police, including armed officers. Representatives of the security firm G4S were also at the scene.

Officers in a police van count Hong Kong banknotes recovered from the road. Photo: Bruce Yan
Sheeta Leung Hui-kwan, a spokeswoman for G4S Hong Kong, said: “We are still having an internal investigation and we found that something went wrong with the door on the left side.

“Our guards [conducted] the job according to the standard procedure but during the incident there were three guards in the van.

“Our guards reported the incident when they reached Cheung Sha Wan, our head office. Due to the code of conduct and the comfort problem, we will not put any guards inside where we store the money.

“The normal  procedure is, if the bank wants to release the money somewhere, we will collect the cash and then put it in our vault, and we have to count the cash for security, and then we will deliver it according to the bank’s order.”

G4S said the banks normally only recorded the serial numbers if they were new notes. The security firm was only responsible for counting the cash and making sure the amount was correct, she added.

Regarding potential responsibility for the losses, Leung said “it is for sure” G4S was liable to cover the lost funds.

Officers were later seen in a police van counting out notes recovered from the scene.

Banknotes can be seen scattered across Gloucester Road in this picture


PUBLISHED : Wednesday, 24 December, 2014, 3:11pm
UPDATED : Thursday, 25 December, 2014, 12:04pm


Published by

Robert Chaen

Global CEO-Founder of ChangeU and Movsha Movers & Shakers, Hero-CEO Whisperer, Writer, The #1 Alpha Change Expert, Father of Asian FireWalking Robert Chaen is an International Keynote Speaker, writer, researcher, and corp games designer. He is famously known to be the “Hero-CEO Whisperer”, 1-on1 coaching with many CEOs and Celebrities for corporate strategies, staff & office political issues, personal branding, and even public figure OSHA safety drilling called Drager Defense. He has transformed CEOs and managers in Coca-Cola China, TVB Hong Kong, Cathay Pacific, Hong Kong Airport Services, VADS, TM, Public Bank, Auditor General's Office Maldives, etc. He is the prolific creator and online Author of innovative management tools such as DragonCEO, Diamond Leader, Papillon Personal Effectiveness, OSHA Drager Defense, KPI Bank, etc. He is also the Founder of Movsha, an international networking with monthly mingles with MOVers & SHAkers, Angels, Entrepreneurs, CEOs, Celebrities, HR-PR-CSR, HODs, and the Most Influential IDEA people. ​Chaen is widely considered as one of the top International Platform Keynote Speakers for Resorts World Genting Senior Management Conference (Manila), 7-Eleven HK, Samsung, Coca-Cola China Mini-MBA @Tsing Hua University, Cathay Pacific, Hong Kong Jockey Club, The Story Conference where he interviewed Datuk Kamarudin (Chairman of AirAsia) and Siti Nurhaliza. He has been widely featured in TVB, AWSJ, CNBC, SCMP, The Star, and Sin Chew. As “The Father of Asian FireWalking”, he coached TVB celebrities (Ekin Cheng Yee-Kin) to walk on 650°C fire; and raised HK$68M in the world’s 1st and only live TV Charity FireWalk (TVB Tung Wah Charity Show), before Tony Robbins even came to Asia. If Robert can get you to walk on 650⁰C fire, he can inspire you to be THE BEST. He champions CN-HK-EU-US Tycoons to be philanthropic, and to be angel investors to support the next generation of Jack Mas, Steve Jobs, Richard Bransons, Steven Spielbergs, or Barrack Obamas. With some slick motivational speakers with fake doctorates out there, graduates often describe Robert to be "the most credible, empowering, truthful Coach" who believe in his graduates to believe in themselves. ​However, clients have described Robert as "The #1 Cool Badass Alpha Change Expert". He has the coolest first class stature, rapport and trust from clients. He will not hesitate to tell the badass truth ever so gently because clients are paying him big bucks to reveal the truth, find solutions, persuade the hostile HODs, and align cross-teams within the organization. Originally based in Hong Kong for 20+ years, he had worked with top Branding/Ad agencies at J Walter Thompson and Leo Burnett, and was a certified FranklinCovey (7 Habits) in USA, and NLP MasterCoach (USA). His warmth is known to soften the most hardened, resistant sceptics. He will inspire your team to Go for Top 1, or to be a Dragon CEO. With boundless energies, Robert owns 15+ successful business Joint-Ventures, and created unique products under his global VC network called Chaen's Angels VC. He is deeply passionate about ChangeUTH Youth CSR, Science-Based Medicine (vs. quackery), short films and Reality TV. Touched by a personal tragedy through the loss of his HK-born Portuguese wife, co-coach and business partner, Brenda José of 18 years, Robert explores the many ways in which the spirit world is communicating with the living with real scientific studies and evidence. He gives inspiring conferences on The Secret Afterlife.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s