#PoliticalRetaliation #BankSystem
#HSBC Freezes Assets of the Good Neighbour North District Church
On December 7, 2020 in Hong Kong, the accounts of the Good Neighbour North District Church, pastor Mr. Chan Hoi Hing Roy, and his wife were frozen without prior notification nor justification provided.
As a registered charity (IR No.: 91/14411) since 2016, the Good Neighbour North District Church raised funds and received donations from all legally. The act of HSBC is allegedly a political retaliation by the authorities and a sign of the erosion of the credibility of the bank system in Hong Kong.
The Good Neighbour North District Church has their one and only one bank account at HSBC. According to the church, they did not manage to set up other account at non-China funded banks in Hong Kong.
The church has been providing services to the grassroots: The "Hostel for Homeless" has been offering 30 free hostel places in North Districts since 2014. Even the government's Social Welfare Department has approached the church several times during the coronavirus pandemic, hoping to look for accommodation for the homeless.
In 2019, the group “Safeguard Our Generation” under the church offers humanitarian aid to pro-democracy protestors. At the frontline, middle-aged and elderly volunteers from the church monitored police operation and try to prevent police brutality.
The Church condemns the HSBC for "exploiting the well-established independent financial system and sabotaging the benefits of individuals and groups of Hong Kong, as well as foreign investors within the territory".
At the same time, at least 3 banks in Hong Kong has frozen the accounts of the self-exiled former lawmaker Ted Hui, his parents and wife.
The Church concluded their ststement: "Hongkongers will demonstrate their determination in saying 'NO' to injustice with what they own in hand."
Source: The Good Neighbour North District Church's Facebook #Dec7
https://www.facebook.com/1561265357501167/posts/2455525591408468/?d=n
#GoodNeighbourNorthDistrictChurch #Pastor #RoyChan #Charity #HumanitarianCrisis #SafeguardOurGeneration
#HSBC Freezes Assets of the Good Neighbour North District Church
On December 7, 2020 in Hong Kong, the accounts of the Good Neighbour North District Church, pastor Mr. Chan Hoi Hing Roy, and his wife were frozen without prior notification nor justification provided.
As a registered charity (IR No.: 91/14411) since 2016, the Good Neighbour North District Church raised funds and received donations from all legally. The act of HSBC is allegedly a political retaliation by the authorities and a sign of the erosion of the credibility of the bank system in Hong Kong.
The Good Neighbour North District Church has their one and only one bank account at HSBC. According to the church, they did not manage to set up other account at non-China funded banks in Hong Kong.
The church has been providing services to the grassroots: The "Hostel for Homeless" has been offering 30 free hostel places in North Districts since 2014. Even the government's Social Welfare Department has approached the church several times during the coronavirus pandemic, hoping to look for accommodation for the homeless.
In 2019, the group “Safeguard Our Generation” under the church offers humanitarian aid to pro-democracy protestors. At the frontline, middle-aged and elderly volunteers from the church monitored police operation and try to prevent police brutality.
The Church condemns the HSBC for "exploiting the well-established independent financial system and sabotaging the benefits of individuals and groups of Hong Kong, as well as foreign investors within the territory".
At the same time, at least 3 banks in Hong Kong has frozen the accounts of the self-exiled former lawmaker Ted Hui, his parents and wife.
The Church concluded their ststement: "Hongkongers will demonstrate their determination in saying 'NO' to injustice with what they own in hand."
Source: The Good Neighbour North District Church's Facebook #Dec7
https://www.facebook.com/1561265357501167/posts/2455525591408468/?d=n
#GoodNeighbourNorthDistrictChurch #Pastor #RoyChan #Charity #HumanitarianCrisis #SafeguardOurGeneration
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