Sunday 12th October 2014
Dear Reader,
NEW ARTICLES
Admiralty address
Here's the speech by Webb-site founder David Webb to the crowd in Admiralty last
night. (12-Oct-2014)
RECENTLY ON WEBB-SITE
One HK, two possible
outcomes
HK's civic freedoms and lack of democracy are an
incompatible, unsustainable combination, which is why it is alone globally in
that quadrant of the grid of democracy and civic freedoms. Either we move to a
democratic open society, or we join mainland China and others with neither civic
freedoms nor democracy. The status quo, with recurrent protests against an
illegitimate and paralysed government, is not a viable option. (9-Oct-2014)
Germany shows
unity with HK protesters
An interesting speech from the
Consul-General at last night's celebrations of German Unity Day. (8-Oct-2014)
IN OTHER NEWS
Payments to Chief Executive raise new questions in HK
New York Times, 10-Oct-2014
Webb on
"Backchat" re Umbrella Movement and C Y Leung's contract
RTHK, 10-Oct-2014
3 jailed
for bribery and fraud over HK$500m plantation project.
Hall of
Shame
ICAC, 9-Oct-2014
Lawrence Lo
King Fat, being a former director of China Environmental Resources (1130) is
sentenced to jail and thereby enters our Hall of Shame.
HK Gov spits the dummy, cancels talks with protesters
HK Government, 9-Oct-2014
You have to
wonder which side is supposed to be more grown up here. The CS gases on in her
speech that the NPCSC decision on 2017 "must be observed", and then says that
the dialogue must not be linked to whether and when the protests would stop. She
seems to forget why they even agreed to talks in the first place. Is the
Government afraid of open discussion? Was it all a bluff to drag things out?
SFC
obtains disqualification of Norman Ho Yik Kin, former ED of Tack Fiori (0928)
SFC, 9-Oct-2014
MMT bans
Tiger Asia and Bill Hwang from trading securities in HK for 4 years.
MMT report
SFC, 9-Oct-2014
Kindergarten principal & parent in court for alleged bribery
ICAC, 9-Oct-2014
SFC
revokes licence of John David Lawrence, Chairman of PFC International Co Ltd,
fines him HK$900k
SFC, 9-Oct-2014
Secret payments to C Y Leung were revealed by anonymous tip on Sunday
Voice of America, 9-Oct-2014
Apparently the
document was leaked to the Australian journalists last Sunday (5-Oct-2014).
SFC seeks
court orders against former Chairman and directors of Karce (1159).
Karce
chairman extracted hidden fee
SFC, 8-Oct-2014
At last! Webb-site blew the whistle on this case on 21-Jan-2011, in
our article "Karce chairman extracted hidden fee" above. The company is now
called Sinogreen Energy International Group Ltd. The SFC action comes close to
the 6-year civil action limit. Presumably the DoJ did not wish to prosecute this
as a criminal case.
And much more besides...
Remember that, apart from our occasional
artisan articles, you can follow Webb-site Reports via RSS,
Twitter, or
Facebook.
Pass it on!
This free newsletter goes to over 20,000 subscribers. If you enjoy the site, then please
invite a friend to find out
what they are missing and subscribe!