Detained Andrew Wan Resigns As A District Councillor
"); jQuery("#212 h3").html("

"); });
2021-05-10 HKT 12:52
Andrew Wan on Monday resigned as a district councillor, the latest pro-democracy figure to throw in the towel while behind bars awaiting trial.
Wan is one of scores of people accused of breaching the national security law by holding primary polls to choose candidates for Legco elections.
"Besides the security charge, I also face nine other charges which the authorities abusively slapped on me. And the fact that I'm on remand, there's really no way to continue to serve as a councillor," the former lawmaker said on social media.
He said this brings an end to his 18 years in public office in Kwai Tsing, but it doesn't mean he has stopped caring about public affairs.
At least 15 other district councillors had already resigned in recent months for a variety of reasons, some saying they would not take a planned oath of allegiance to the government, and others complaining there is no room left for representative democracy in Hong Kong.
Several of the former councillors; Lam Cheuk-ting, Gary Fan, Roy Tam, Henry Wong, Fergus Leung and Li Ka-tat, are facing the same subversion charge as Wan. The offence carries a maximum punishment of life imprisonment.
On Sunday, Tai Po councillors Dalu Lin and Max Wu – who are not in custody – announced that they were stepping down, with Wu also quitting his party, the Neo Democrats.
"There's absolutely no more room for councillors.....although with much reluctance, you have to admit the era for representative democracy has come to an end," Wu wrote in his departure note.
Legco is expected to pass a bill this Wednesday which will lay out what it means to "uphold the Basic Law" and to "pledge allegiance to the SAR". There will be a disqualification mechanism for those in public office who fail to meet the requirements.
District councillors from the Association for Democracy and People's Livelihood say they will take the oath, in order to continue to "defend the councils".
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
