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

Plantos Agentic AI CFO Takes Aim At The SME Lending Gap

Planto, a leading financial technology company specialising in AI-driven banking solutions, officially unveiled its whi... Read more

Hong Kong And Indonesia Explore QR Payment Interoperability

Hong Kong and Indonesia are exploring QR payment interoperability between the two markets. The Hong Kong Monetary Autho... Read more

Who Raises The Alarm, If Synthetic Identity Fraud Has No Victim?

Synthetic identity fraud is one of the fastest-growing fraud types globally, where fraudsters fabricate a person who ne... Read more

SFC Hong Kong Strategic Action Plan Backs Citys Five-Year Plan

Hong Kong’s Securities and Futures Commission (SFC) has unveiled a strategic action plan. It supports the city’s Fi... Read more

Tencent Launches TenPayGo Payment App For Travellers In China

Tencent has launched TenPayGo, a payment app for overseas visitors to mainland China. ITHome (IT之家) reported that i... Read more

Deutsche Bank Deploys Agentic AI To Help Trace Client Wealth For KYC

Deutsche Bank Private Bank has launched an agentic AI tool to support Source of Wealth checks, part of its Know Your Cu... Read more