Patrick Ho Asks For Bail Again With US$4m Offer

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2018-04-18 HKT 10:40

Share this story

facebook

  • Patrick Ho has raised his bail amount by offering two Hong Kong flats. File photo: AP

    Patrick Ho has raised his bail amount by offering two Hong Kong flats. File photo: AP

Former Hong Kong Home Affairs Secretary Patrick Ho, who is detained in New York over an international bribery case, has applied for bail for a third time.

In papers submitted to the court on Tuesday, Ho increased the bail amount by offering two flats from his family in Hong Kong worth US$4 million.

His lawyer also asked the authorities to drop six of eight charges against him.

Ho had earlier been refused bail because a New York judge said he is a flight risk.

Ho is charged in Manhattan federal court with violations of the Foreign Corrupt Practices Act, international money laundering and conspiracy. He denied the charges in January.

The allegations include offering bribes to senior officials from Chad and Uganda, allegedly for a Shanghai-based energy firm Ho represented.

The trial is temporarily set for November this year.

RECENT NEWS

OKI And Hitachi To Launch Joint Venture For ATM And Automated Equipment In October

OKI, Hitachi, and Hitachi Channel Solutions have announced that they have reached agreements to integrate their automat... Read more

The Race For Hong Kongs First Stablecoin Licenses Is Almost Over

I’ve been refreshing the Hong Kong Monetary Authority’s register of licensed stablecoin issuers frequently over the... Read more

HTF Securities And Alchemy Pay Expand Hong Kong Type 1 License For Virtual Assets

Alchemy Pay has announced that, in partnership with HTF Securities Limited, it has successfully expanded HTF Securities... Read more

Ping An Digital Bank Rebrands As Deposits Exceed HK$12 Billion

Ping An Digital Bank has introduced a new brand identity, aligning more closely with its parent, Ping An Insurance. The... Read more

Futus PantherTrade Launches Full-Scale Licensed Operations In Hong Kong

Futu has announced that its wholly-owned virtual asset trading platform, PantherTrade, has begun full-scale licensed op... Read more

Mastercard Enables AI Agent To Complete Live Ride-Booking Payment In South Korea

Mastercard has completed a live, authenticated agentic transaction in South Korea, marking a key development in AI-powe... Read more