HONG KONG: Hong Kong authorities are scrutinising the financial records of activists as they crack down on political opposition, according to some activists and a senior bank executive.
A Hong Kong police representative declined to comment on why officers were seeking activists’ financial records, saying the department would not disclose details of its operations or investigations. The Hong Kong government did not respond to a request for comment on how or why police sought the bank information of arrested suspects.
China’s parliament imposed the law on Hong Kong in response to sometimes violent protests in 2019. The protests were prompted by fears that Beijing was stifling the city’s freedoms, guaranteed by the “one country, two systems” formula agreed when Hong Kong returned to Chinese rule in 1997. Authorities in Beijing and Hong Kong say the law is only aimed at a few “troublemakers” and not wider rights that underpin the city’s role as a gateway for capital flows in to and out of China.
Another activist, Ventus Lau, told Reuters that police showed him paper copies of statements from his Hang Seng Bank account and questioned him regarding a"few dozen" transactions that took place in the run-up to the vote. Lau told Reuters he used the account to receive money from a crowdfunding campaign to finance the unofficial election.
Tension between the two countries has escalated since the introduction of the national security law, which Beijing said was necessary to restore stability, but Washington characterised as an assault on democracy.Shortly after the passage of the law, the US government barred American companies and people from doing business with Chief Executive Carrie Lam and 10 other Hong Kong and Chinese officials.
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