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Technology Stocks : Nokia (NOK)
NOK 6.160+1.5%3:59 PM EST

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To: Nils Mork-Ulnes who started this subject11/26/2001 11:53:45 AM
From: Ruffian   of 34857
 
Robbers Steal $26 Million In Nokia Phone Components

NOVEMBER 26, 2001
South China Morning Post via NewsEdge Corporation : A gang of robbers stole
Nokia mobile phone components worth $26 million yesterday after hijacking a
cross-border lorry in a daylight raid.

The lorry was sandwiched between two cars at the junction of Yuen Long On Lok
Road and Long Yip Street after leaving nearby Yuen Long Trading Centre in
Wang Yip Street West at about midday.

"Two men wielding knives jumped out from a grey car behind the lorry and
approached it. They smashed the windows and threatened the driver with
knives," said Senior Superintendent Albert Kwok Cho-kuen, of New Territories
North regional crime unit.

"They jumped into the lorry, bound and blindfolded the driver and then dragged
him into the rear passenger seat before driving it away." The lorry crossed into
the opposite lane and collided with a goods van before being driven off.

The van driver wrote down the licence plate of the lorry on his forearm and
reported it to police.

The grey car, reported stolen in Sheung Shui on Wednesday, was abandoned at
the scene.

The lorry was taken to a stretch of open ground in Wong Uk Tsuen, Yuen Long -
about 1km away - where police believe another lorry and about 10 men were
waiting.

Forty-one boxes of phone parts were unloaded on to the second lorry before it
drove off. The hijacked lorry and a second car, which also had been reported
stolen, were abandoned.

The phone parts had been collected from Nokia's godown in the Yuen Long
Trading Centre and were scheduled to be transported to Dongguan.

All Material Subject to Copyright Copyright 2001: South China Morning Post. All
Rights Reserved.

Financial Times Information Limited - Asia Africa Intelligence Wire

<<South China Morning Post -- 11/23/01>>

<< Copyright ©2001 Financial Times Limited - All Rights Reserved >>
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