DAB Protests Against Germany's Asylum Decision
"); jQuery("#212 h3").html("

"); });
2019-05-28 HKT 13:56
Around 20 members of the DAB on Tuesday held a demonstration outside the United Centre at Admiralty where the German consulate is housed, to protest against the country's decision to grant asylum to two Hong Kong fugitives.
The protesters also handed a letter to the consulate to express their discontent, noting that the two men – Ray Wong and Alan Li – were to face a criminal trial in the SAR for allegedly rioting during the 2016 Mong Kok clashes.
DAB lawmaker Holden Chow said the the German authorities are misleading the international community with their action.
"According to international rules and practice, if you grant asylum to people, you have political persecution. So that's why we say the decision made by the German authorities is definitely causing harm to our judicial system. It is definitely misleading," Chow said.
The lawmaker also said that a statement the consulate issued earlier in the day had not explained the rationale behind the decision.
In the statement, the consulate had said that Germany’s Federal Office for Migration and Refugees is in charge of the procedure for granting refugee status and takes decisions independently of the government.
DAB member Clement Woo, who is a district councillor, said Wong and Li were not facing charges because of their political stance but their radical action during the Mong Kok riot. He said he thinks Germany's decision was unfair.
SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion
SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more
4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA
The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more
Ripple Launches RLUSD Stablecoin In Japan Through SBI Group
Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more
SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan
SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more
Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences
Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more
European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more