Jailed Duo Receive Extra Terms Over Petrol Bomb Case
"); jQuery("#212 h3").html("

"); });
2022-07-16 HKT 13:49
Four people have been given jail terms of up to three years and two months in connection with a case of petrol bomb possession in 2019, including two men who were arrested after trying to flee to Taiwan.
The four earlier pleaded guilty to possessing anything with intent to destroy or damage property.
The District Court on Saturday handed down jail terms of between 27 and 38 months.
Two of the defendants - Liu Tsz-man and Cheng Tsz-ho - were among 12 people who were intercepted by mainland authorities as they tried to flee Hong Kong by speedboat in 2020.
The duo were jailed for 10 months on Friday for perverting the course of justice by attempting to escape.
And they each have to serve a total of 31 months behind bars, after the District Court on Saturday ordered parts of their sentences to be carried out cumulatively.
The remaining defendants in the case were Cheng Chun and Li Wai-lung.
SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion
SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more
4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA
The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more
Ripple Launches RLUSD Stablecoin In Japan Through SBI Group
Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more
SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan
SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more
Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences
Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more
European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more
