By: MOS Fitness Team – Wenqiu
On October 4, the Stand News reported its discovery in its participating project, Pandora Papers. Leung Chun-Ying, former Chief Executive of Hong Kong and the Vice-Chairperson of the Chinese People’s Political Consultative Conference (CPPCC), is holding accounts in Heng Tai Trust and has established off-shore companies for himself and his family members through service intermediaries.
During his tenure as the Chief Executive of Hong Kong, he declared his stake in a subsidiary of Cushman & Wakefield but refused to report the business relativities. Pandora Papers confirms that Leung Chung-Ying, during his tenure, holds 30% stake in a Japanese company, a subsidiary of Cushman & Wakefield.
He did not report that he has sold that stake for ₤200,000 in December 2015.
At that time, he was also investigated by the Independent Commission Against Corruption of Hong Kong (ICAC) for receiving ₤4,000,000 through an agreement made between himself and UGL Limited, a listing company in Australia.
Referring to the record of Register of Interests of Executive Council Members, Leung Chung-Ying has not reported his stake in UGL Limited.
Leung is an agent of the Chinese Communist Party (CCP) in Hong Kong. There were widespread social discontents during his tenure from 2012 to 2017 such as the Anti-Moral and National Education protests, the Hong Kong Television Network protests, the Umbrella Revolution, and the Mong Kok civil unrest. He suppresses freedom and human rights, is related to many corruption cases, and being accused of being a secret member of the CCP. Leung is a key figure of CCP acts as the same as other CCP officials of China, so as appears in the Pandora Papers.
On the same day, he quibbled through social media that it was not a requirement to declare the indirect equity holdings and changes. He further said that he did not exercise any decisive right since he put all equity into trusts. He is a shameless liar that proved by his concealing assets.
Posted by: Yuki jiang
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