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Donald Tsang
Hong KongLaw and Crime

HK$350,000 ‘in actual notes’ deposited in Donald Tsang’s wife’s account, prosecution reveals

Money was withdrawn half an hour before from Bank of East Asia chairman David Li’s account, court hears

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Former chief executive Donald Tsang Yam-kuen, accompanied by his wife Selina Tsang Pou Siu-mei, appears at High Court. Photo: K. Y. Cheng
Chris Lau

A HK$350,000 bundle of cash withdrawn from the account of Bank of East Asia chairman David Li Kwok-po formed part of a larger payment in yuan that a former Hong Kong leader made to a ­media boss he is ­accused of accepting an advantage from, a jury heard on Thursday.

Prosecutors told the High Court HK$350,000 was withdrawn from the ­account bank chief Li, a former executive councillor, 35 minutes before the same amount – in cash – was deposited in the account of ex-chief executive ­Donald Tsang Yam-kuen by Tsang’s wife, Selina Tsang Pou Siu-mei .

During Tsang’s trial on charges of misconduct in public office and accepting an advantage as chief executive – all of which he denies – prosecuting David Perry QC also ­described a 2012 tenancy agreement for the luxury Shen­zhen property at the centre of the trial as a “smoke screen’’.

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Perry told the court the money was withdrawn from Li’s account at the Central branch of the bank at 9.20am on July 16, 2010.

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“As a matter of pure common sense and ordinary inference, the prosecution say there’s a clear connection,” Perry said.

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