#Totalitarianism #Bank
HSBC, Heng Seng Bank and Bank of China Freeze Exiled #TedHui and His Family's Accounts
Former lawmaker and former member of Democratic Party Ted Hui announced his plan to go into self-exile on Dec 3, 2020.
Read more:
https://t.me/guardiansofhongkong/27077
On Dec 5, 2020, at least three banks in Hong Kong including HSBC, Heng Seng Bank and Bank of China suspend at least 5 accounts held by Hui and his family members being his parents and his wife.
According to Hui, his lifelong saving of several millions Hong Kong dollars has been frozen. Hui recently left Hong Kong to conduct a 3-day visit in Denmark. He announced his self exile plan after the trip and arrived in London on Dec 4 (local time).
Source: Apple Daily; Stand News #Dec5
https://hk.appledaily.com/local/20201205/B6SFRTCBEVD23KGXWTMPTNFJ5A/
https://bit.ly/3qwn9f6
#HSBC #BankOfChina #HengSengBank
HSBC, Heng Seng Bank and Bank of China Freeze Exiled #TedHui and His Family's Accounts
Former lawmaker and former member of Democratic Party Ted Hui announced his plan to go into self-exile on Dec 3, 2020.
Read more:
https://t.me/guardiansofhongkong/27077
On Dec 5, 2020, at least three banks in Hong Kong including HSBC, Heng Seng Bank and Bank of China suspend at least 5 accounts held by Hui and his family members being his parents and his wife.
According to Hui, his lifelong saving of several millions Hong Kong dollars has been frozen. Hui recently left Hong Kong to conduct a 3-day visit in Denmark. He announced his self exile plan after the trip and arrived in London on Dec 4 (local time).
Source: Apple Daily; Stand News #Dec5
https://hk.appledaily.com/local/20201205/B6SFRTCBEVD23KGXWTMPTNFJ5A/
https://bit.ly/3qwn9f6
#HSBC #BankOfChina #HengSengBank
#FailedBankingSystem
#HangSengBank Cancels Pro-democracy Writer's Accounts Without Explanation
Canny Leung Tsz-Shan, a Hong Kong writer, wrote on Facebook on Jan 7, 2021 that two business accounts under the name her company have suddenly been cancelled by Hang Seng Bank, without any explanation. Leung said the accounts have no outstanding balanxe nor debts and maintained transactions everyday.
Leung condemned the Hang Seng Bank for failing Hongkongers as a Hong Kong-based bank, "The bank is no longer a bank. Our home is no longer a home. Is Hong Kong still an international city?"
Leung was a board member of Hong Kong Football Association. She is also outspoken on democratic values.
Source: Stand News #Jan7
#CannyLeung #Bank #FailedState
#HangSengBank Cancels Pro-democracy Writer's Accounts Without Explanation
Canny Leung Tsz-Shan, a Hong Kong writer, wrote on Facebook on Jan 7, 2021 that two business accounts under the name her company have suddenly been cancelled by Hang Seng Bank, without any explanation. Leung said the accounts have no outstanding balanxe nor debts and maintained transactions everyday.
Leung condemned the Hang Seng Bank for failing Hongkongers as a Hong Kong-based bank, "The bank is no longer a bank. Our home is no longer a home. Is Hong Kong still an international city?"
Leung was a board member of Hong Kong Football Association. She is also outspoken on democratic values.
Source: Stand News #Jan7
#CannyLeung #Bank #FailedState
IMF chief called out over pressure to favor China while at World Bank
World Bank leaders, including then-Chief Executive Kristalina Georgieva, applied "undue pressure" on staff to boost China's ranking in the bank's "Doing Business 2018" report, according to an independent investigation released Thursday.
The report, prepared by law firm WilmerHale at the request of the bank's ethics committee, raises concerns about China's influence at the World Bank, and the judgment of Georgieva - now managing director of the International Monetary Fund - and then-World Bank President Jim Yong Kim.
Source: Reuters #Sep17
https://www.reuters.com/business/sustainable-business/world-bank-kills-business-climate-report-after-ethics-probe-cites-undue-pressure-2021-09-16/
#China #Bank #JimYongKim #Report #IMF
World Bank leaders, including then-Chief Executive Kristalina Georgieva, applied "undue pressure" on staff to boost China's ranking in the bank's "Doing Business 2018" report, according to an independent investigation released Thursday.
The report, prepared by law firm WilmerHale at the request of the bank's ethics committee, raises concerns about China's influence at the World Bank, and the judgment of Georgieva - now managing director of the International Monetary Fund - and then-World Bank President Jim Yong Kim.
Source: Reuters #Sep17
https://www.reuters.com/business/sustainable-business/world-bank-kills-business-climate-report-after-ethics-probe-cites-undue-pressure-2021-09-16/
#China #Bank #JimYongKim #Report #IMF
Probe finds World Bank changed data to boost China ranking
The World Bank is cancelling a prominent report on business conditions around the world after investigators found staff members were pressured by the bank’s leaders to alter data about China and some other governments.
The bank said on Thursday it would discontinue “Doing Business” following an investigation prompted by internal reports of “data irregularities” in its 2018 and 2020 editions and possible “ethical matters” involving bank staff.
Source: Aljazeera #Sep17
https://t.co/7A7y7sLyTF
#Bank #China #Ranking #Investigate
The World Bank is cancelling a prominent report on business conditions around the world after investigators found staff members were pressured by the bank’s leaders to alter data about China and some other governments.
The bank said on Thursday it would discontinue “Doing Business” following an investigation prompted by internal reports of “data irregularities” in its 2018 and 2020 editions and possible “ethical matters” involving bank staff.
Source: Aljazeera #Sep17
https://t.co/7A7y7sLyTF
#Bank #China #Ranking #Investigate