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.
Is Hong Kongs Default Life Insurance Choice A Wealth Drain?
Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more
RedotPay Secures $107M Series B, Total Funding Hits $194M
RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more
91% Of Hong Kong Merchants Lose Revenue To Payment Friction
Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more
Do Kwon Faces Possible Trial In Korea After US Conviction
Do Kwon, the crypto tycoon behind the 2022 collapse of TerraUSD and Luna, caused an estimated US$40 billion in investor... Read more
Startale, SBI Holdings To Develop Japans Regulated Yen Stablecoin
Startale Group and SBI Holdings have signed a MoU to jointly develop and launch a fully regulated Japanese yen-denomina... Read more
KakaoBank Expands In Indonesia Through Superbank Partnership
KakaoBank, South Korea’s largest internet-only bank, is accelerating its global expansion through a deepened partners... Read more