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Crime in Hong Kong
Hong KongLaw and Crime

HK$4.2 million in cash and valuables stolen from finance magnate Akihiro Nagahara’s luxury home on The Peak

  • Break-in comes soon after 13-hour police anti-burglary operation
  • Expensive residential area has been prime target for burglars in recent weeks

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A government helicopter was deployed as part of the anti-burglary operation. Photo: Handout
Clifford LoandErnest Kao

A total of HK$4.2 million (US$535,000) in cash and valuables was stolen from the luxury home of consumer finance magnate Akihiro Nagahara on The Peak on Sunday, just hours after a 13-hour police anti-burglary operation in the area.

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Officers are searching for two or more suspects who raided the Barker Road house while Nagahara, 78, and his family were out. Nagahara is the chief executive and managing director of United Asia Finance, a Hong Kong-based microlender.

The residence is just 200 metres away from the home of Dee Poon Chu-ying – daughter of Hong Kong tycoon Dickson Poon and an executive at the Esquel Group – which was burgled during the Lunar New Year.
Police mounted an anti-burglary operation at The Peak, Aberdeen and Stanley. Photo: Handout
Police mounted an anti-burglary operation at The Peak, Aberdeen and Stanley. Photo: Handout

The latest break-in came to light at about 9pm on Sunday when Nagahara returned home and found the second-floor bedroom had been ransacked and a safe had been prised open.

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“Initial investigation showed burglars climbed into the front yard of the house by scaling its surrounding wall from a nearby hillside,” a police source said.

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