Court Quashes Donald Tsang's Conviction
"); jQuery("#212 h3").html("

"); });
2019-06-26 HKT 10:08
The Court of Final Appeal has quashed the conviction of former Chief Executive Donald Tsang, who has already completed a 12-month jail sentence for misconduct in public office.
Tsang was found guilty of failing to tell the Executive Council about a property deal he had with a businessman, whose company was applying for a digital radio licence between 2010 and 2012.
In quashing the conviction, a panel of five judges agreed that the trial judge had not given jurors adequate directions before they found the former CE guilty in 2017.
The top court judges said because the jury had not been able to agree during the original trial that there was an element of corruption involved, it was important for the judge to properly instruct the jurors to consider the motive of Tsang for not disclosing the deal to Exco.
The top court stressed it was important for jurors to decide whether the former CE had deliberately concealed the information, or if he simply didn’t see the need to do so.
The judges also ordered that there should be no retrial for Tsang, as it would not be in the interest of justice to do so.
Tsang, who was chief executive between 2005 and 2012, was originally jailed for 20 months. The term was later reduced to 12 months by the Court of Appeal which upheld his conviction.
OSL Group Raises US$200M To Expand Stablecoin And Payment Operations
OSL Group announced an equity financing of US$200 million (approximately HK$1.56 billion). The company intends to use t... Read more
Hong Kong Clinics Introduce Palm Verification For Contactless Check-In
Tencent and Bupa Hong Kong have introduced a palm verification check-in service across 20 Bupa clinics, including flags... Read more
19th Asian Financial Forum Concludes In Hong Kong With 800+ Investment Meetings
The 19th Asian Financial Forum (AFF) concluded on 27 January after two days of discussions and knowledge sharing. Over ... Read more
Hong Kongs HK$62B Wealth Fund Turns To Fintech, Aerospace And AI For Growth
The Hong Kong Investment Corporation (HKIC) is considering investments in fintech, aerospace and AI, as geopolitical sh... Read more
OSL Pay Integrates StraitsX Infrastructure To Enable USD Access
OSL Pay is embedding USD access into its platform through an infrastructure integration with StraitsX. The payments arm... Read more
South Korea Raises AI Budget Fivefold To US$1.67B In Race For Top 3 Global AI Status
The South Korean government plans to spend up to 2.4 trillion won (US$1.67 billion) this year to support AI adoption ac... Read more
