Funding Drive Against CY Tops HK$2mn In Seven Days
"); 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_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
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.
Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity
Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more
BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom
BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more
Webinar: When Account Takeover Moves Past Onboarding
Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more
JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson
JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more
Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term
The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more
Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal
Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more
