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Hong Kong politics
Hong KongPolitics

Self-exiled former Hong Kong lawmaker Ted Hui accuses HSBC of ‘embezzling’ his money by freezing his credit cards

  • Ted Hui, who is currently in Britain, maintained the cards’ cancellation was a ‘political consideration’
  • He also accused the bank of ‘unlawfully embezzling’ from him after he was told he may not be able to receive refunds for certain goods

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Self-exiled former lawmaker Ted Hui has accused HSBC of ‘embezzling’ from him by freezing his credit cards. Photo: Dickson Lee
Natalie Wong

Self-exiled former opposition lawmaker Ted Hui Chi-fung has accused banking giant HSBC of abruptly cancelling credit cards belonging to him and his family due to “political considerations” and “unlawfully embezzling” their money.

The as yet unsubstantiated allegations came weeks after Hong Kong police accused Hui of misappropriating money from a crowdfunding campaign and froze his bank accounts and those of his parents and wife, including ones with HSBC.

In a Facebook post on Saturday, Hui, now in London, said he had been told by the bank that all credit cards belonging to him and his family had been cancelled without notice as a “commercial decision”.

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“The decision to cancel the credit cards is a political one, taken out of HSBC’s own political considerations, with a view to aiding the regime in cracking down on opposition voices,” he wrote. “This deed has no legal basis at all.”

The politician also accused the bank of “acting like a robber”, saying he was told that it “might not be possible” for him to receive refunds for certain goods purchased with the cards.

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