CY Again Threatens Legal Action Over UGL Claims
"); jQuery("#212 h3").html("
"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1390360_1_20180410182353.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'http://news.rthk.hk/rthk/en/component/k2/1390360-20180410.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1390360-20180410.htm', 'DCS.dcsqry', '' ); } } }); }); });
2018-04-10 HKT 11:35
Share this story
Former Chief Executive CY Leung has cautioned Democratic Party lawmakers Lam Cheuk-ting and Andrew Wan, as well as two other party members, against making "libellous" remarks about him, warning them of possible legal action.
Lam, Wan, Senia Ng and Albert Ho on Monday launched a crowdfunding campaign to raise funds to pursue allegations relating to a HK$50 million payment Leung received from Australian firm UGL around the time he took office in 2012.
They claimed that legal advice from the UK concluded there is a prima facie case against Leung – on allegations of bribery and misconduct in public office.
But in a statement posted on his Facebook page, the former Chief Executive described their accusations as being "unfounded and untrue", and he again denied any wrongdoing.
His lawyers also sent letters to the four Democratic Party members, reserving the right to take legal action against them for making "malicious and defamatory" remarks.
Last year Leung also filed a libel suit against legislator Kenneth Leung, also over comments he made about the UGL saga. The lawmaker said on Tuesday that the case against him was still ongoing.
Revolut Considers China Expansion Amid UK Regulatory Hurdles
UK fintech giant Revolut is exploring a potential move into China, setting the stage for competition with domestic heav... Read more
ZA Global Backs RD Technologies With US$40M To Boost HKs Stablecoin Ecosystem
ZA Global has led a US$40 million Series A2 funding round for HK fintech firm, RD Technologies (RD), marking a signific... Read more
WeLab Hit Profitability And Now Wants 500 Million Customers Across Asia
From its humble beginnings as an online lender to its rise as one of Asia’s most ambitious fintechs, WeLab Group (WeL... Read more
HKMA Finalises Guidelines For Stablecoin Issuer Regulatory Regime
The Hong Kong Monetary Authority (HKMA) has published several documents in preparation for the implementation of the re... Read more
Cybercrime Is Surging Across APAC Yet Defences Remain Fragmented
APAC saw a sharp rise in human-led attacks in 2024, with attack rates growing over 60% year-on-year and increasing 37% ... Read more
Hong Kong Advances Trade Digitalisation With MLETR Adoption
Digitalisation is reshaping the global economy, and businesses must adapt to capitalise on emerging opportunities. In t... Read more