Manila--A Taiwanese man was arrested in Manila Saturday on suspicion of drug trafficking during a buy-and-bust operation, a spokesman for the Philippine Drug Enforcement Agency (PDEA) said Sunday.
PDEA agents and police posing as drug buyers arrested the man, 56, at a hotel in the city, according to the spokesman.
Drug enforcement agents found 50 kilograms of crystals in a container used to store dried fish in his car. If the crystals were identified as amphetamines, their street value would reach about 250 million Philippine pesos (US$5.17 million), the spokesman said.
The operation was carried out as a result of mutual judicial assistance between the authorities of Taiwan and the Philippines.
The suspect was active in a Taiwanese business chamber in the northern Philippines but withdrew from the chamber in 2015 when his plastics factory closed and he then moved to Binan, about 40 kilometers south of Manila, according to a Taiwanese businessman operating in the Philippines.
The suspect will face charges of violation of the Comprehensive Dangerous Drugs Act of 2002. Under the law, a person holding 50 grams or more of amphetamines can be sentenced to life in prison and a fine of between 500,000 and 10 million pesos.
The PDEA arrested 488 foreign nationals on suspicion of drug offenses between 2010 and April this year, with Chinese accounting for the largest number of suspects -- 231 -- followed by Taiwanese, numbering 55.
Source: Focus Taiwan News Channel