Student Sentenced For Throwing Petrol Bomb
"); jQuery("#212 h3").html("

"); });
2021-12-17 HKT 15:04
A student was on Friday sent to a detention centre after he admitted to throwing a petrol bomb at a roadblock and possessing materials to make more.
Lau Chi-hei, who was 16 years old at the time, had pleaded guilty to arson and possessing items with intent to destroy property.
The court heard that he threw a petrol bomb when several others blocked the road in Mong Kok in February, 2020.
More petrol bombs and “relevant materials” were found in a hotel room Lau and five others rented, the court heard.
In sentencing, Deputy Judge Peter Hui noted materials found in the hotel room were enough to make more Molotov cocktails.
But he said the case happened late at night, and the fire was small and only charred the road.
He said the safety risk was relatively low, and the fire didn't affect other people or property.
The judge also said the teenager could not have been a mastermind or a key figure in the case because he failed his chemistry and physics at school.
Hui said a custodial sentence was the only suitable option, but added a heavy deterrent sentence was not necessary, because “social unrest won't happen in Hong Kong anymore as the city has transitioned from chaos to order.”
The teenager will spend between one and six months in the detention centre depending on his conduct.
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
