Prosecutors Drop Charges Against Restaurant Pair
"); jQuery("#212 h3").html("

"); });
2021-10-20 HKT 17:06
Prosecutors on Wednesday dropped their case against two owners of a Mong Kok restaurant accused of possessing offensive weapons and instruments fit for unlawful purpose.
Wong Hung-hin, 30 and Nicholas Shum, 25, owners of the "Jie Genge" restaurant on Portland Street, had denied the charge.
Prosecutors said that during an inspection on December 4 last year, officers found items including extendable batons, shields, gas masks, cable ties, reflective vests, press cards and posters with political slogans on them, in a fire services pump room on a rooftop connected to the restaurant.
Before the opening of their trial at West Kowloon Court, the prosecution agreed to offer no evidence against the pair.
Wong and Shum were handed a HK$2,000 bind-over order, which requires them to maintain good behaviour for 12 months.
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
