David Li arranged HK$350,000 cash payment for Donald Tsang’s wife, court hears
Ex-chief executive faces bribery charge and two counts of misconduct in office
This was SCMP’s coverage of the misconduct and corruption trial of former Hong Kong leader Donald Tsang Yam-kuen on Tuesday
4.34pm – Tsang’s Shenzhen trip
Tsang was revealed to have arranged a visit to Shenzhen with Wong and David Li – a fellow Wave Media shareholder and chairman of Bank of East Asia – for hours after the government held a press conference to explain the decision to award the radio station a broadcasting licence in 2010.
“They went off to the mainland and they spent time together,” Perry said. “All travelled back to Hong Kong together.”
Perry also pointed out that, around the time public consultation for broadcasting licences were in progress in July 2010, Tsang’s wife withdrew HK$350,000 in cash from the Bank of East Asia’s main branch in Central.
“Who provided that cash on July 16, 2010? David Li,” he said, pointing out that Li “happened to be” one of the shareholders of Wave Media.
4.30pm – Tsang’s radio interview ‘an attempt to limit criticism’
Tsang failed to provide a full explanation of his conflict of interest, despite volunteering a radio appearance to come clean, Perry alleged. Instead, the prosecutor said, that was an act of crisis management.