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

A16z Crypto Opens First Office In Seoul To Expand In Asia

a16z crypto, the crypto-focused arm of Andreessen Horowitz, has announced its expansion into Asia with the opening of i... Read more

Trio AI And AbbyPay Partner To Integrate AI Into Payment Processing

Trio AI, a Hong Kong-based AI infrastructure service provider, has signed a MouU with AbbyPay, a POS-free digital payme... Read more

Modernising Bank Payments: How Banks Can Win In Merchant Acquiring

Banks have been the backbone of merchant acquiring. Their regulatory strength, trusted brands, and long-standing mercha... Read more

KPay Enables Tap To Pay On IPhone For Hong Kong Merchants

KPay now allows its Hong Kong merchants to accept in-person contactless payments using Tap to Pay on iPhone. The featur... Read more

HashKey Group IPO Targets Up To HK1.67 Billion In Hong Kong Listing

Licensed crypto exchange HashKey Group is intending to raise as much as HK$1.67 billion in its Hong Kong initial public... Read more

Endowus Launches Income Enhanced Portfolio For Professional Investors

Endowus, an independent wealth advisor and investment platform in Asia, has launched its Income Enhanced Portfolio, ava... Read more