DJ Who Supported Protesters To Have Assets Seized
"); jQuery("#212 h3").html("

"); });
2022-09-02 HKT 17:01
The District Court on Friday said it will impose a confiscation order on the assets of a radio host who has pleaded guilty to money laundering and sedition charges.
The court heard that it is reasonable to believe that Wan Yiu-sing, also known as Giggs, had handled around HK$10 million in crime proceeds, and that he agreed to having his property worth HK$4.87 million confiscated.
Judge Adriana Noelle Tse said the court will issue a confiscation order and sentence Wan on October 7.
The DJ admitted one count of conspiracy to act with seditious intent and three counts of money laundering, as part of a plea deal which saw six other similar charges dropped.
Wan had raised money for Hongkongers who moved to Taiwan after the 2019 protests.
The court was told he had incited people to resist or overthrow the Chinese Communist Party and had advocated Hong Kong independence while presenting an online radio programme over a duration of nine months.
Two money laundering charges against an assistant of Wan are also being left on file as part of the plea deal.
Tourists Can Now Pay For Public Transport Using IPhone, Apple Watch In S. Korea
International travelers in South Korea can now use their iPhone or Apple Watch to pay for public transport through the ... Read more
Hang Seng Launches NFC E-Passbook For 1+ Million Passbook Customers
Hang Seng Bank has rolled out an e-Passbook service in Hong Kong in a bid to strengthen age-friendly banking. The Hang ... Read more
Why 95% Of AI Pilots Fail In Banking And How Banks Can Get ROI
Why do so many AI pilots fail in banking even when the technology itself works? In this episode, Vincent Fong, Fintech ... Read more
Gobi Partners Invests In Transak To Expand Regulated Digital Asset Payments In Asia
Gobi Partners has announced an investment in Transak, a company that provides regulated infrastructure for converting b... Read more
UnionPay Launches Agentic Payment Framework To Standardise AI-Driven Transactions
UnionPay has officially released the Agentic Payment Open Protocol (APOP) framework, a solution for agent-based payment... Read more
Standard Chartered Launches Real-Time FPS Payments For Offshore Firms And Paytech
Standard Chartered Bank Hong Kong (SCBHK) has joined the first group of banks in Hong Kong to roll out cross-border pay... Read more
