Police on Thursday said they arrested 12 people, including seven police officers, on suspicion of money laundering, involving about HK$10.5 million.

In a statement, the force said the eight men and four women, aged between 28 and 68, allegedly laundered suspected criminal proceeds using 22 bank accounts between 2017 and last year.

Two of the detained officers were also arrested for suspected fraud. They’d allegedly rented out their mortgaged residential properties between 2019 and last year.

Officers from the Financial Intelligence and Investigation Bureau arrested the 12 people in Sheung Shui, Fanling, Tuen Mun and Kwai Chung on Thursday morning. The police officers were off-duty at the time of the arrests.

The force said all seven officers, aged between 28 and 39, have been suspended from duty.

Authorities stressed they attach great emphasis on the conduct of their officers, adding that those who breach the law will not be condoned.