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.
Plantos Agentic AI CFO Takes Aim At The SME Lending Gap
Planto, a leading financial technology company specialising in AI-driven banking solutions, officially unveiled its whi... Read more
Hong Kong And Indonesia Explore QR Payment Interoperability
Hong Kong and Indonesia are exploring QR payment interoperability between the two markets. The Hong Kong Monetary Autho... Read more
Who Raises The Alarm, If Synthetic Identity Fraud Has No Victim?
Synthetic identity fraud is one of the fastest-growing fraud types globally, where fraudsters fabricate a person who ne... Read more
SFC Hong Kong Strategic Action Plan Backs Citys Five-Year Plan
Hong Kong’s Securities and Futures Commission (SFC) has unveiled a strategic action plan. It supports the city’s Fi... Read more
Tencent Launches TenPayGo Payment App For Travellers In China
Tencent has launched TenPayGo, a payment app for overseas visitors to mainland China. ITHome (IT之家) reported that i... Read more
Deutsche Bank Deploys Agentic AI To Help Trace Client Wealth For KYC
Deutsche Bank Private Bank has launched an agentic AI tool to support Source of Wealth checks, part of its Know Your Cu... Read more
