Govt Salary Move No Olive Branch, Say Ex-lawmakers
"); jQuery("#212 h3").html("

"); });
2018-03-20 HKT 19:20
Two disqualified lawmakers on Tuesday said that although they welcome the government's suggestion that they might not have to pay back the salaries they were given during their brief time in Legco, this cannot be seen as an olive branch.
They were commenting after the government said it had advised the Legco Commission that wages and allowances paid to four disqualified pro-democracy legislators could be written off, if Legco officials fail in their attempts to recoup the money.
One of the disqualified lawmakers, Lau Siu-lai, said this advice shouldn't be seen as a government olive branch to the pan-democratic camp as the administration is only stating something that is normal.
She also called for Legco to drop its demand for the repayment of salaries, being as the ousted legislators had worked to serve the public.
Meanwhile, another of the disqualified lawmakers, Leung Kwok-hung, said justice would only be partly served if their wages are written off, as it was unreasonable to strip the four of their seats in the first place.
Lau, Leung, Nathan Law, and Edward Yiu are each facing bills ranging from HK$2.7 million to HK$3.1 million. The Legco Commission says the the four were not entitled to receive the money as the courts ruled they didn't take their oaths properly.
Indonesia To Expand QRIS Cross-Border Payments With China And South Korea
Bank Indonesia (BI) aims to expand the use of the Quick Response Code Indonesian Standard (QRIS) for cross-border payme... Read more
Chocolate Finance Expands Into Hong Kong
Financial service platform Chocolate Finance has officially launched its operations in Hong Kong, expanding from its ex... Read more
Fiserv To Bring Clover Payments Platform To Japan
Fiserv, a global provider of payments and financial services technology, has announced a strategic partnership with Sum... Read more
Face Pay Vs. Tap To Pay: Which Method Will Win Asia? Ft Sam Su, SUNMI
We’ve moved from Cash to Cards, and Cards to QR. Is your face the next wallet? Or will “Tap to Pay” on smartphone... Read more
Hong Kong Updates Banking Guidelines For Elderly And Disabled Customers
The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) announced that the banking sector... Read more
HKMA Alerts Public To Social Media Impersonation Scams
The Hong Kong Monetary Authority (HKMA) cautioned members of the public to remain vigilant against fraudulent social me... Read more
