Benny Tai Jailed For Illegal Poll Spending
"); jQuery("#212 h3").html("

"); });
2022-05-24 HKT 16:46
The co-founder of the Occupy movement Benny Tai was on Tuesday sentenced to 10 months in prison after pleading guilty to illegally promoting his strategic voting scheme for the 2016 Legco polls in newspapers.
He illegally incurred HK$253,000 in election expenses by placing six newspaper ads to promote the "ThunderGo" plan, which was aimed at helping the pro-democracy camp win a majority in the legislature.
The court heard that the spending was illegal as Tai was neither a candidate nor a candidate’s election expense agent.
Taking 18 months as the starting point for Tai's punishment, District Court judge Anthony Kwok said he had deducted a third because of the former University of Hong Kong law professor's guilty plea, and another two months because of the delayed prosecution.
Tai has been in custody since March last year after he and 46 others were charged with conspiracy to commit subversion under the national security law in connection with unofficial legislative primary polls held in July 2020.
Circle CEO Says China Could Launch Yuan Stablecoin In 3 To 5 Years As Trade Grows
Circle CEO Jeremy Allaire predicts that China could roll out a yuan stablecoin within three to five years to expand the... Read more
Naver IPO Timeline Set As Dunamu Merger Targets Nasdaq Debut
Preparations for a Naver IPO are underway following an agreement between Naver Financial and cryptocurrency exchange op... Read more
TransUnion Urges Lenders To Rethink Credit Risk For Gig Workers In Hong Kong
TransUnion is urging lenders to update their risk assessment models, revealing that gig workers in Hong Kong exhibit st... Read more
Citi And Endowus Roll Out HK$4,000 Wealth-Linked Credit Card Campaign
Citi and digital wealth platform Endowus have launched a joint credit card promotion in Hong Kong, expanding the Citi E... Read more
Aspire Secures SFC License In Hong Kong To Launch SME Yield Product
Singapore-headquartered fintech Aspire has secured three financial licenses from the Securities and Futures Commission ... Read more
Why Stablecoins May Become The Backbone Of 24/7 Global Trade
Stablecoin transaction volumes surged 72% in 2025, reaching a record US$33 trillion and signalling growing institutiona... Read more
