Rurik Jutting, 29, who attended University of Cambridge and Winchester College, was arrested after the bodies were discovered in an apartment in Hong Kong's Wan Chai district.
It is understood that
police arrived at the apartment in the early hours of Saturday morning after
receiving a call from the suspect, who until recently worked for the Bank of
America Merrill Lynch.
Officers arrived to find
the body of a woman, aged between 25 and 30, lying naked in the living room
with knife wounds to her neck and backside. They also encountered a small
amount of cocaine in the flat.
Assistant Commander Wan
Siu-hung told reporters: "We believe the death was caused by a sharp
object which cut the throat of the deceased.
"This led to copious
bleeding. When the police found her, she was lying in the living room. The room
was messy."
Eight hours later, at about
noon on Saturday, police widened the forensic examination of the apartment and
made the second discovery.
Government workers remove
one of the two female bodies from a residential flat at Hong Kong's Wanchai
district
Police have been searching
the flat where the women's bodies were found
The body of a second woman
was found wrapped in a blanket inside a brown suitcase on a balcony at the
apartment.
She too had wounds to the
neck, and it is believed the victim had been dead "for quite some
time". Police sources have told local media that the second victim is a
25-year-old who they believe worked in the sex industry.
A police spokesman added:
"From what we can see it was intentionally hidden because it was put in a
travel suitcase."
Neighbours told Sky News the
smell from the apartment on the 31st floor was "horrendous" and had
even permeated to the 26th floor.
Police have confirmed no
further details regarding his identity or nationality though it is understood
one of the women was from Indonesia, while the other was from the Philippines.
Policeman takes a photo on
the balcony of a unit in which two women's bodies were found in a flat at Hong
Kong's Wanchai district
One of the bodies was found
hiden in a suitcase on the balcony
Mr Jutting studied history
and law at Cambridge University.
He had worked for Merrill
Lynch from 2010 until only a couple of days ago, spending three years at their
offices in London before moving to Hong Kong in July last year. Prior to that
he worked at Barclays in London.
The neighbourhood of Wan
Chai is effectively Hong Kong's red light district. A large number of women
from southeast Asia spend time in the district's many bars and clubs.
Hong Kong police can hold
their suspect for up to 48 hours without charging or releasing him.
Sky news


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