Protest Fund Stops Receiving Donations

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

Related News Programmes

"); });

2021-09-06 HKT 16:31

Share this story

facebook

  • The 612 Humanitarian Relief Fund says it will try and help those affected by its decision to stop receiving donations.

    The 612 Humanitarian Relief Fund says it will try and help those affected by its decision to stop receiving donations.

A fund that raises money to help people arrested during the 2019 social unrest on Monday said it's immediately halting the collection of donations.

The 612 Humanitarian Relief Fund said it made the decision because the Alliance for True Democracy, the group whose bank account it uses, said it would no longer execute its payment requests.

The latest development came after the national security police announced they were investigating the two organisations and ordered them to hand over information, including details of donors and recipients.

"We are deeply conscious of the impact of this turn of events on current applications, and will do our best to look for all possible solutions and relief," the fund said in a statement on Facebook.

Legal advice is being sought on whether donations made recently can be refunded, it added.

The fund said as of Monday, it had about HK$7.2 million in the bank account.

RECENT NEWS

Vietnam And South Korea Launch Cross-Border QR Payments

Vietnam and South Korea have launched cross-border QR payments that allow Korean users to pay merchants in Vietnam thro... Read more

WeChat Pay Integrates With Local QR Networks In 5 Asian Countries

WeChat Pay has integrated its service with national QR code networks in five Asian countries, simplifying cross-border ... Read more

Global Transition Finance Ecosystem Gains Momentum

The global transition finance ecosystem is gaining momentum. According to new research by the Hong Kong Institute for M... Read more

Banking Circle Taps PayGate To Ease KRW Cross-Border Payments Into South Korea

Global payments bank Banking Circle will now handle cross-border transactions and settlement flows for South Korean pay... Read more

Equinix AI Discovery Hub Opens In Hong Kong For Enterprise AI

Digital infrastructure company Equinix is partnering with Hewlett Packard Enterprise (HPE) to launch the Equinix AI Dis... Read more

Tencent, Alibaba Eye DeepSeek Stake As AI Startup Tops US$20B Valuation

Chinese tech giants Tencent and Alibaba are in discussions to invest in AI startup DeepSeek, The Information reported, ... Read more