Reported Veto Of Anti-graft Law Hurts HK: Lawmaker
"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1440723_1_20190130170456.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1440723-20190130.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1440723-20190130.htm', 'DCS.dcsqry', '' ); } } }); }); });
2019-01-30 HKT 17:12
Dennis Kwok talks to RTHK's Frances Sit
Legal sector lawmaker Dennis Kwok said on Wednesday that if a report that Beijing has blocked Carrie Lam's move to tighten anti-graft laws is true, then it is very bad news for Hong Kong.
A South China Morning Post report on Wednesday said that the central government has vetoed Lam's idea to have the law cover the Chief Executive, because it can't accept enactment of local laws to regulate actions of the official, who is appointed by the mainland.
The report also said Beijing is concerned that the CE would become susceptible to politically motivated accusations of corruption.
Kwok said if the claims are true, it shows that this government can only do what Beijing wants, even if it means dropping the Chief Executive's own election promise.
He said the government has been saying all along that the delay in implementing what Lam had promised was due to legal complications. But if what the report says is true, that was a facade, said Kwok.
"It means that the Chief Executive would ignore what the Hong Kong people want and what is good for Hong Kong, because it doesn't want to go against the will of Beijing," he said.
The lawmaker also rejected Beijing's claim, as mentioned in the report, that such a new law would be misused politically.
Kwok said if the top official appointed by Beijing abides by the rules, there won't be any political fallout.
Beijing had made some very bad choices in the past in terms of chief executive in the past. It should learn from those mistakes," he said.
The lawmaker told RTHK's Frances Sit that Hong Kong needs the changes to make sure that the city remains corruption free.
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
