• Thu
  • Aug 21, 2014
  • Updated: 5:16am
Occupy Central
NewsHong Kong
POLITICS

Occupy Central's bid to set up company rejected

Ruling means that activists planning to disrupt business zone will not be able to open their own bank account when collecting donations

PUBLISHED : Monday, 12 May, 2014, 4:45am
UPDATED : Monday, 12 May, 2014, 7:26am

Hong Kong's Companies Registry turned down a bid by Occupy Central to register as a company, something one person familiar with the matter compared to an application by a "triad society".

Dr Chan Kin-man, an organiser of the plan to block traffic in Central to fight for genuine universal suffrage, suggested the decision sought to hamper Occupy's ability to raise funds. He said they had been using an ally group's bank account to collect donations so far.

Chan said Occupy Central had filed a complaint with the Office of the Ombudsman and would not rule out seeking a judicial review to challenge the Companies Registry's decision.

Chan and several other organisers filed their application with the Companies Registry a year ago, hoping to set up a company named OCLP Limited. The initials refer to the campaign's full name: Occupy Central with Love and Peace.

But a person familiar with the matter said the Companies Registry had decided recently to reject that application, adding the group would be officially informed in the next two days.

"The department notes [organisers] had publicly declared that the movement planned to launch unlawful actions [to back] what they call the goal of achieving genuine universal suffrage," the person said.

"No matter how noble and high-sounding their proclaimed goals are, as an administration that upholds the rule of law, the government can't approve the registration of a company which vows to engage in unlawful acts.

"If we approve their application, should we approve a triad society's application to register as a company?" the source asked. Without the registration, Chan said, Occupy could not set up a bank account and must use that of its ally, the Hong Kong Democratic Development Network.

But "it is bringing trouble for the network and residents might be reluctant to donate" because they are puzzled about why Occupy doesn't have its own account, Chan said. "It was inappropriate [to compare us with a triad society] because a triad society's objective is to engage in criminal acts," Chan added.

"Our goal is to achieve universal suffrage, and we have deliberation and voting before we decide" whether civil disobedience is required. "Many organisations, such as Greenpeace, League of Social Democrats and People Power, could undertake acts of civil disobedience and yet they are registered as companies in Hong Kong."

Meanwhile, Alliance for True Democracy convenor Professor Joseph Cheng Yu-shek said the alliance would commission the University of Hong Kong to conduct another opinion poll next month on the three proposals endorsed by Occupy Central on May 6. Occupy Central has been barraged with criticism since its 2,500 supporters endorsed the proposals that called for the public to be allowed to nominate candidates for the 2017 chief executive election.

That call was dismissed by Beijing and moderate pan-democrats including Civic Party lawmaker Ronny Tong Ka-wah, who raised several proposals that do away with public nomination.

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This article is now closed to comments

dmw
Occupy Central could just as easily buy a shelf company from one of the many registration agents in HK and rename it. So the only reason they are pursuing the registration of a brand new company is for the delight of being rejected and making the Companies Registry look draconian.
daily
The Occupy Central people are just trying to grab whatever attention they can get while riding on the universal suffrage issue HK is facing...............Benny Tai is just a politician wannabe...........another lame-brain.
gunzy
They waited a year for this? They could have just gone and bought an existing shell company, so many around.
.
Maybe they shouldn't be given the responsibility of holding a company registration come to think of it.
How About
Did the French peasants have a company account to storm the Bastille? How about the poor sods at Occupy Wall Street?
.
If these are true protesters they fund and feed themselves. But it appears the puppeteers behind OC-HK don't want their identities exposed, they want to hide behind shell companies and remain anonymous.
.
Dai Muff
How very silly. Company set ups mean MORE is exposed not less. Even though some in our government and among our rich want to change that.
How About
Are BVI, T&C or Cayman islands board and funds auditable/traceable? Are you sure you're not confusing HKEX company listing rules?
.
Darn and had the HKTV been up and running this would have been unnecessary, now fancy all of the drums and brass-instruments the OC volunteers have to learn to play just to catch some attention?
.
Come on, if these are truly simple innocuous people wanting to speak their minds, what or who can stop them? A proper campaign with your favorite media, air tickets for 'spokespersons' flown in all needs financing and accounts- tax-deductible, of course, possibly exempt if you have the right bean-counters!
.
Do you think you can get the OC ‘volunteers’ to loan their bank accounts for the OC effort? Maybe they can do it the really old fashioned bookies' way - folded thousands bills paid out in bundles with the good old thumb-wetting-flip?
.
The next metric is darker still – it appears the puppet-masters want not only anonymity but the satire as well- OC [we can topple] HK LLP, or We beat you CCP Limited? Noooh, one way or the other the CCP is suppressing Un.Suff.... goes the headline!
.
Well done CY Leung!
.
ejmciii
Your need to lay off the chemicals, mate. You are becoming more delusional than usual. That Ministry of Propaganda kool aid is taking over your tiny brain.
How About
I see the Dislikes box is lighting up, better ad hominem of the week...?
.
Compared to the rants you've been spewing [never positive], I'd say your mind candies are much better than mine... with your lobotomy you can still type...
.
the sun also rises
that so-called Hong Kong Youth Care Association was set up to beat the local Falungong and this organistation has nothing to do with caring for our youngsters at all ! Maybe their rude act to block people from approaching the stalls set up by the Falungong in busy streets is to protect our youth from being contaminated by untrue facts committed by the Chinese Communist authorities !
lblwstc@hotmail.com
Well, I don't think falungong is telling the truth... They claim 200 million people have left CCP. If that is true, there won't be a single communist on earth.
For the sake of freedom of speech, let's keep falungong there, but it is stupid to believe what they said

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