Donald Tsang Ordered To Pay HK$5mn In Court Costs

"); 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_1384264_1_20180306181231.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/k2/1384264-20180306.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1384264-20180306.htm', 'DCS.dcsqry', '' ); } } }); }); });
2018-03-06 HKT 16:11
Disgraced former chief executive Donald Tsang was ordered on Tuesday to pay around HK$5 million in legal costs incurred by prosecutors in his 2017 misconduct trial because he gave 'no assistance whatsoever' to the investigation.
Tsang, 73, was found guilty of misconduct in public office last February after a six-week trial, over his failure to declare negotiations over a rental agreement with a businessman whose radio station had been applying for a broadcasting licence. He was sentenced to 20 months in prison but is out on bail as he awaits an appeal due to be heard next month.
High Court Judge Andrew Chan ruled on Tuesday that Tsang should pay one third of the prosecution's legal costs, or approximately HK$5 million. Chan pointed out that when Tsang was still chief executive, he repeatedly assured the public he would cooperate with investigations, but ended up giving no help at all.
Chan said his uncooperative stance added unnecessary costs to the investigation, which required an enormous amount of time and manpower. He noted that taxpayers had to shoulder the cost of establishing undeniable facts, and concluded that Tsang should be charged for the way he conducted himself towards the investigation and prosecution in this case.
Tsang is believed to have racked up tens of millions of dollars in legal costs already, to pay for his defense in the original trial, and a re-trial for a bribery charge that was eventually shelved.
Airwallex Yield Service Goes Live In Hong Kong
Airwallex has officially launched Airwallex Yield in Hong Kong on 18 June 2025, which it advertises to offer businesses... Read more
Alipay And Rokid Launch AR Glasses Payment Function For In-Store Payments In China
Rokid has launched its latest augmented reality device, Rokid Glasses. In China, the Rokid AR payment glasses support i... Read more
InvestHKs Gulf Cooperation Council Fintech Visit Spurs Strategic Partnerships
Invest Hong Kong (InvestHK) reinforced its role as a global business hub through a strategic visit to the Gulf Cooperat... Read more
Can Crypto Firms Catch Up On Compliance Gaps As Regulations Evolve?
As crypto adoption accelerates, regulators are ramping up enforcement of the Financial Action Task Force’s (FATF) Tra... Read more
OneDegree Eyes Global Growth With Middle East, Europe And Africa Next
Hong Kong virtual insurer OneDegree has made significant progress in the Middle East, securing 20 contracts since enter... Read more
IFAST Introduces Bondsupermart Live With Stock-like Trading Experience For Bond Investors
To address structural inefficiencies in bond markets, iFAST introduced Bondsupermart Live, a digital bond trading servi... Read more