Funding Drive Against CY Tops HK$2mn In Seven Days

"); jQuery("#212 h3").html("

Related News Programmes

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1391367_1_20180416181426.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/k2/1391367-20180416.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1391367-20180416.htm', 'DCS.dcsqry', '' ); } } }); }); });

2018-04-16 HKT 10:57

Share this story

facebook

  • The fundraising campaign's website shows donations topped HK$2,000,000 much before the target date. Photo: RTHK

    The fundraising campaign's website shows donations topped HK$2,000,000 much before the target date. Photo: RTHK

A crowdfunding campaign to launch an investigation on alleged non-disclosure by former Chief Executive CY Leung has reached its target of raising HK$2 million in just seven days.

The Democratic Party's campaign, named "wolf-hunting", had initially expected to reach the target in three months' time.

The fund drive is to look into allegations relating to a HK$50 million payment Leung received from Australian firm UGL in a deal struck before he took over as Chief Executive in 2012.

Among other things, Leung is accused of not disclosing the deal to the Executive Council, even though he has denied any wrongdoing in the matter.

Since the launch of the fundraising exercise, Leung's lawyers have issued letters to members of the Democratic Party managing the campaign – lawmakers Lam Cheuk-ting, Andrew Wan, Roy Kwong and barrister Senia Ng – threatening to take legal action against them. But the opposition party leaders have vowed to continue their probe.

The ICAC is still investigating the case, but there has been no official word about its current status. However, officials have rejected media reports that surfaced earlier saying that the Department of Justice had decided to drop the case.

RECENT NEWS

Visa And Lianlian Complete First Live B2B AI Agent Payment Transaction

Visa and Lianlian DigiTech have completed a live business-to-business transaction using an AI agent to automate product... Read more

Shanghai Commercial Bank And Planto To Launch Cross-Bank Analytics For SMEs

Shanghai Commercial Bank (Shacom Bank) has partnered with fintech firm Planto to launch a cross-bank financial analytic... Read more

SFC And SC Malaysia Launch Dual IPO And Cross-Border Fund Framework

The Securities Commission Malaysia (SC) and the Securities and Futures Commission of Hong Kong (SFC) have signed a MoU ... Read more

Kakao Group And Circle Explore Digital Asset Infrastructure In South Korea

Kakao Group has signed a strategic MoU with stablecoin issuer Circle Internet Financial to collaborate on digital asset... Read more

From Key Protection To Operational Governance: HSMs In Digital Assets

Digital asset security used to be treated as a wallet problem. Protect the private key and the asset stays safe; lose i... Read more

Anchorpoint Reportedly Set To Launch HKDAP Stablecoin In July

Anchorpoint Financial is reportedly preparing to launch its regulated Hong Kong Dollar-backed stablecoin, HKDAP, in Jul... Read more