Lawmaker Fears Police State As Funding Delay Vetoed
"); jQuery("#212 h3").html("

"); });
2020-05-14 HKT 11:41
Labour Party lawmaker Fernando Cheung said on Thursday that he fears Hong Kong will be turned into a police state, after Legco voted down proposals to stop HK$25.8 billion funding for the police.
Legco voted down all 52 amendments tabled by pro-democracy lawmakers to this year's budget.
The opposition had sought to stop the funding for police, citing the force's crackdown on anti-government protests.
They had argued that the force doesn't deserve a 25 percent boost to its budget which will allow them to add 2,500 officers and buy more weapons.
Cheung said there is very little the pan-democratic side can do to block the funding proposal, with their rival camp controlling the council.
“Now that they have got all the money they need, to purchase more ammunition, equipment and supplies to continue with their suppression, I think we are turning Hong Kong into a police state,” he said.
“We foresee more confrontation between people and the police and I am afraid that we are gonna see more violence in the streets and even off the streets,” said the lawmaker.
Legco was expected to approve the budget later on Thursday.
Is Hong Kongs Default Life Insurance Choice A Wealth Drain?
Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more
RedotPay Secures $107M Series B, Total Funding Hits $194M
RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more
91% Of Hong Kong Merchants Lose Revenue To Payment Friction
Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more
Do Kwon Faces Possible Trial In Korea After US Conviction
Do Kwon, the crypto tycoon behind the 2022 collapse of TerraUSD and Luna, caused an estimated US$40 billion in investor... Read more
Startale, SBI Holdings To Develop Japans Regulated Yen Stablecoin
Startale Group and SBI Holdings have signed a MoU to jointly develop and launch a fully regulated Japanese yen-denomina... Read more
KakaoBank Expands In Indonesia Through Superbank Partnership
KakaoBank, South Korea’s largest internet-only bank, is accelerating its global expansion through a deepened partners... Read more
