Benny Tai Pleads Guilty To Illegal Poll Spending
"); jQuery("#212 h3").html("

"); });
2022-04-25 HKT 12:48
The co-founder of the Occupy movement, Benny Tai, on Monday pleaded guilty to illegal election spending in the run-up to the 2016 Legco polls, for placing newspaper ads to promote his strategic voting scheme.
The "ThunderGo" plan Tai proposed sought to use pre-election poll results to coordinate voters, in the hope that the pan-democratic camp could win a majority in the legislature.
The District Court heard that the HK$253,000 Tai incurred was illegal, because he was neither a candidate nor a candidate’s election expense agent.
The six ads in question were placed in Ming Pao and the now-defunct Apple Daily in August and September 2016.
Sentencing was adjourned to May 24 and the former law professor, who faces other charges, remains in custody.
Two directors of a company through which the ads were placed were also charged with engaging in illegal conduct at an election by incurring election expenses.
Ip Kim-ching, 55, and Sek Sau-ching, 50, were bound over for 12 months for the sum of HK$40,000.
EDENA Unveils AI System To Automate Sovereign Asset Settlement
At the DAT Summit Hong Kong, EDENA Capital Partners launched the Autonomic Financial OS. The company describes it as an... Read more
Naver Exposes 15,000 Knowledge IN Users Activity, Moves To Improve Privacy Controls
Naver has announced measures following an incident in which around 15,000 users’ activity histories on Knowledge iN w... Read more
Japans PayPay Files For US IPO, Targets Valuation Above US$10B
SoftBank‘s digital payments unit, PayPay, has filed publicly for a US IPO. The listing could be the largest by a Japa... Read more
Inference Research Launches In Hong Kong With US$20M Seed Funding
Inference Research, an AI-native quantitative trading firm based in Hong Kong, has announced its launch and the expecte... Read more
London-Based Unlimit Appoints Michele Fung To Lead APAC Expansion
London-based fintech company Unlimit, which provides a broad range of financial technology services, has appointed Mich... Read more
SoFi Launches Digital Asset Trading In Hong Kong Through OSL Partnership
SoFi Securities (Hong Kong) (SoFi Hong Kong) and OSL Group have announced a partnership to offer digital asset trading ... Read more
