Carrie Lam Denies News Report She Tried To Quit
"); jQuery("#212 h3").html("

"); });
2019-07-15 HKT 10:09
The Chief Executive's Office has denied a Financial Times report that Carrie Lam tried to submit her resignation to Beijing multiple times in recent weeks, only to be told to stay and clean up the mess over the extradition bill.
Responding to RTHK inquiries, the office said the Chief Executive has never offered to step down.
The British-based newspaper quoted sources as saying that Lam had told Beijing she wanted to stand down but was told that no one else wanted the job.
The FT quoted the Chief Executive's Office as saying that Lam had made clear she remained committed to "serving the people of Hong Kong".
University of Hong Kong constitutional law scholar Danny Gittings said the denial was "not in the kind of strenuous terms that you would normally expect for that kind of story".
"We have to watch very closely; particularly once a report is out like that suggesting that the Chief Executive herself has realised that her time is up, these sort of things can become almost a self-fulfilling prophecy," he told RTHK's Mike Weeks on Monday.
"There will presumably be stronger denials today, but these denials normally tell their own story – how strenuous they are or otherwise. The initial denial just said the Chief Executive was committed to serving the people of Hong Kong, which could mean anything."
Lam has been under pressure after a series of protests over her attempts to change extradition laws to clear the way for fugitives to be sent to any jurisdiction, including the mainland, on an ad hoc basis.
She has declared the bill dead and put legislative work on hold, but has not fully withdrawn it. She has also declined calls to set up a public inquiry and give protesters arrested in recent clashes an amnesty.
______________________________
Last updated: 2019-07-15 HKT 12:41
EX.IO Partners With Franklin Templeton To Expand Tokenised Assets In Hong Kong
EX.IO, a licensed virtual asset trading platform in Hong Kong, has formed a strategic partnership with global investmen... Read more
HKMC Prices HK$12 Billion Digital Bond Issuance, Largest Globally
The Hong Kong Mortgage Corporation Limited (HKMC) has priced its inaugural digital bond issuance, raising approximately... Read more
MUFG, SMFG And Mizuho Plan Joint Yen Stablecoin By March 2027
Three of Japan’s largest financial groups, MUFG, SMBC, and Mizuho, plan to jointly issue a stablecoin by March 2027, ... Read more
TransUnion Launches Free Credit Reports For Lost HKID Holders In Hong Kong
TransUnion is offering a one-time free credit report to eligible individuals in Hong Kong who have lost their Hong Kong... Read more
Why HSMs Are Becoming Essential For Digital Asset Key Security
Conversations revolving around digital asset finance often return to the blockchain, but Shaun Chen’s concern sits cl... Read more
Webinar: The Deepfake Threat And What APAC Financial Institutions Are Doing About It
Generative AI is making fraud more convincing and easier to scale. Reports of Gen AI-enabled scams rose 456% between Ma... Read more
