Ted Hui Finds Life Savings Frozen By HK Banks

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

Related News Programmes

"); });

2020-12-05 HKT 22:11

Share this story

facebook

  • Former Democratic Party lawmaker, Ted Hui, is in England after announcing a self-imposed exile. File photo: RTHK

    Former Democratic Party lawmaker, Ted Hui, is in England after announcing a self-imposed exile. File photo: RTHK

Former Democratic Party lawmaker Ted Hui on Saturday said at least five bank accounts belonging to him and his family members have apparently been frozen.

Hui, who earlier announced he is going into exile and is now in England, told RTHK that the banks did not explain why the assets were frozen.

He said several million dollars were involved and it was the family’s life savings, and the banks did not explain why their accounts were no longer functioning.

Hui, a Central and Western district councillor, said earlier in the week that he was going into exile in the UK, after arriving in Denmark.

He had said the new national security law meant he could end up being jailed for decades for simply talking about human rights in Hong Kong.

RECENT NEWS

China To Inject US$44 Billion Into State Banks To Boost Tech And Curb Risks

China said it will inject 300 billion yuan (US$44 billion) into state-owned banks this year to guard against systemic r... Read more

Hong Kong Regulators Expand GenAI Sandbox To Insurance, Securities And MPF Sectors

The Hong Kong Monetary Authority (HKMA), Securities and Futures Commission (SFC), Insurance Authority (IA), and Mandato... Read more

South Korea To Cap Crypto Exchange Ownership At 20%

South Korean regulators and lawmakers have agreed to cap major shareholder stakes in cryptocurrency exchanges at 20%, d... Read more

DBS Hong Kong Partners With Know Your Customer To Automate SME Onboarding

Know Your Customer Limited, a provider of automated business verification solutions, has partnered with DBS Hong Kong t... Read more

Hong Kong Banks Extend Loan Repayment Relief For Tai Po Fire Victims

The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) have met to discuss additional su... Read more

Hong Kong And Macao Deepen Financial Cooperation With Updated Agreement

The Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Macao (AMCM) held a meeting on March 3 to strengt... Read more