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| Cartoons of Szeto Wah (left) and Zhao Ziyang taken by police |
Even though the group that used to organize the annual June 4 candlelight vigils had already decided to disband, the national security police has preempted the process by freezing all the assets, including bank accounts, property such as the June 4 museum which totals to about HK$2.2 million (US$282,000).
On Saturday the Hong Kong Alliance in Support of Patriotic Democratic Movements of China had voted to disband in a majority 41-4 vote. However, today (Wednesday), the alliance's secretary Richard Tsoi Yiu-cheong who is handling the group's dissolution, was notified by the National Security department that it had frozen its assets, including the museum in Mongkok.
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| Tsoi says the alliance's assets have been frozen |
Tsoi said he would submit a letter to the National Security department asking it to unfreeze the bank accounts and museum as the group needed to process winding-up procedures.
The police accusing the alliance of acting as a "foreign agent", an offence under the national security law, and sent letters to 12 members of the group demanding for more information about its member list, financial reports and activities, a request they refused to comply with.
What will happen? Maybe the alliance can look to what is happening to Next Digital.
| Lai's company will be wound up by the govt |
Financial Secretary Paul Chan Mo-po has filed a petition to the Court of First Instance to liquidate the 40-year old company under powers granted by the Companies Ordinance and a hearing is scheduled for December 15.
"After considering the interim report, the financial secretary took the view that it would be expedient in the public interest that Next Digital be wound up, and therefore decided to present a winding up petition to the court," the government said.
Market regulator the Securities and Futures Commission also believes it is in the public interest to wind up the company based on its information.
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| Next Digital's assets amount to HK$18 million |
While a former desk editor at Apple Daily said about 1,000 staff members were still owed salaries, she wondered whether the mandatory winding up would allow the authorities to gain access to sensitive staff information, such as emails and minutes of board meetings.
"If this happens, I don't think the government winding up is a good move as claimed," she said.
















