Skip to Content Facebook Feature Image

Ted Hui had secret funds transferred overseas while fleeing Hong Kong

Blog

Ted Hui had secret funds transferred overseas while fleeing Hong Kong
Blog

Blog

Ted Hui had secret funds transferred overseas while fleeing Hong Kong

2025-02-22 13:11 Last Updated At:02-24 17:46

Mark Pinkstone/Former Chief Information Officer of HK government

Renegade lawyer and fugitive from Hong Kong justice, Ted Hui Chi-fung, who had his Hong Kong assets confiscated this week by the Court of First Instance, has a secret stash overseas, according to interviews he had with foreign media.

On Monday (Feb.17) the court ordered the confiscation of assets worth about $800,000 from Hui after it was learned that he had already given $2.5 million in assets to his mother and wife before and after he absconded from Hong Kong in December 2020. Assets held by a law firm in Hong Kong have also been confiscated.

The Hong Kong Police Force confirmed to local media that Hui was suspected of embezzling crowdfunding money from his relatives' accounts and was being investigated for money laundering.

In an interview with the Australian Financial Review recently, Hui admitted that during a brief reprieve in the freezing of his accounts in 2020, he was able to get most of his money out before the freeze was reinstated. He made a similar statement to The Guardian saying he was able to transfer “the majority of funds” out of Hong Kong. Hui had at least five accounts at HSBC, Hang Seng Bank and Bank of China (Hong Kong) belonging to him and his family members. There are suggestions in some quarters that this transfer could be in the range of about $12 million.

As soon as the court order was made, Hui protested violently on his Facebook site that the ruling was absurd and was a violation of human rights.

The HKSAR Government reacted to clarify that: "Hong Kong is a society underpinned by the rule of law and has always adhered to the principle that laws must be obeyed, and lawbreakers be held accountable. Amongst others, it is a common and effective practice to make an application to the Court for a confiscation order to prevent offenders from benefiting from their criminal acts. In fact, laws and mechanisms for confiscation of crime proceeds are common around the world. They cover the crime proceeds from commission of any serious offence, including offences endangering national security."

Its statement noted that Hui had committed numerous heinous crimes, with a number of criminal charges being laid against him. He conspired with foreign politicians in 2020 to forge documents and deceive the court with false information in order to obtain the court's permission to leave Hong Kong while he was on bail, jumped bail and absconded overseas. Afterwards, he was suspected to have committed offences endangering national security overseas. On August 12, 2021, and June 21, 2023, two magistrates issued warrants against Hui for allegedly committed crimes of 'inciting secession', 'inciting subversion of state power', and 'colluding with foreign or external forces to endanger national security'. Hui is a wanted person with reward notice by the Police.

Police said Hui has advocated Taiwan independence, Hong Kong independence and the overthrow of China's basic system through social media.

"Between January 2021 and December 2022, Hui published posts on social media to request foreign countries to impose sanctions and engage in other hostile activities against the PRC and the Hong Kong SAR," a police warrant read.

The police also alleged Hui has colluded with foreign forces and is an advisory board member of anti-China groups Hong Kong Watch in the United Kingdom and Hong Kong Democracy Council in the United States. He lobbied Western politicians and officials to impose sanctions against the mainland and Hong Kong, police said.

Hui has always been troublesome. He first caught media attention for his protests in the Legislative Council. In 2014, he was ejected from a meeting of the council's working group on civic education when protesting the council's decision to grant HK$150,000 to pro-Beijing groups.

Hui was also considered to be quite radical within the Democratic Party when he opposed the party's meetings with Beijing officials. And, in April 2018, Hui was under police investigation for snatching a Security Bureau executive officer's phone and taking it to a Legislative Council Complex toilet on 24 April 2018. The Democratic Party suspended the lawmaker and criticized him for seriously tarnishing the reputation of lawmakers.
Hui disrupted the second reading of the National Anthem Bill in the Legislative Council by dropping a container containing rotten plant matter inside the chamber. A fellow lawmaker was taken to hospital after being exposed to the smell. Hui and two other lawmakers, Eddie Chu and Raymond Chan, were charged with hindering the business of the council and violating the Powers and Privileges Ordinance, with Hui having dropped the foul-smelling liquid during the LegCo session. Hui was subsequently fined HK$52,000.

When Hui decided to jump bail, he fled to Denmark with the help of political friends under the guise that he was attending an environmental meeting. From there he went to London and then to Australia, where his sister lives. He said that he would be practising full time at a law firm – RSA Law – in Adelaide, mainly focusing on civil and commercial cases, and would help Hongkongers who had applied for asylum in the country. Hui finished a law degree in Hong Kong but never practised.

He now lives in Adelaide, South Australia, where he passed integrity vetting despite having boasted that he faced a total of 23 charges in Hong Kong and had seven warrants out for his arrest, claiming his admission as a lawyer was a “slap on the face” for Hong Kong authorities. But then, again, Australia’s foundation is based on the importation of criminals.




Mark Pinkstone

** 博客文章文責自負,不代表本公司立場 **

Mark Pinkstone/Former Chief Information Officer of HK government

The American dictatorship of President Donald Trump and his sidekick, Secretary of State Marco Rubio is nothing short of a litany of lies told to Panamanian President Jose Raul Mulino to break off Belt and Road Initiative (BRI) ties with China.

Before taking over the presidency of the US, Trump told the press, “China is running the Panama Canal that was not given to China, that was given to Panama foolishly, but they violated the agreement, and we’re going to take it back, or something very powerful is going to happen,”

With that mindset, Trump sent China hawk Rubio off to Panama with the threat of taking back the canal unless the Chinese were kicked out.

The only problem with the plan is that China has never had any interest, let alone control over the Panama Canal.

A sole Hong Kong conglomerate, Hutchison Port Holdings, controlled by Hong Kong billionaire Li Ka-shing, has two ports at either end of the canal operated by its subsidiary Panama Ports Company. There are also three other ports along the canal operated by private companies, all of which are used for loading and unloading cargo and providing fuel for vessels vying the waterway. They have no control over which vessels can use the canal, nor do they collect tolls for its use. This is the responsibility of the Panama Canal Authority, whose administrator, deputy administrator, and 11-member board are selected by Panama’s government but operate independently.

Hutchison Port Holdings (PH) is the world’s largest port operator across Europe, the Americas, Asia, the Middle East, and Africa. It operates in five of the seven busiest container ports in the world, handling 13 per cent of the world's container traffic. Revenue in 2023 amounted to US$4.2 billion.

HPH has routinely topped the list of port terminal operators ever since it expanded worldwide in 1991. It currently operates nearly 300 berths across 48 important ports around the world including the Port of Barcelona, Port of Buenos Aires, Port of Busan, the Thames Port of London, and the Port of Botany (Sydney)

During his visit to Panama, Rubio wrote in a post on X that "the United States cannot, and will not, allow the Chinese Communist Party to continue with its effective and growing control over the Panama Canal area."

Trump has complained that China exerts control over the canal and charges the U.S. ships six-figure premiums to cross Panama's isthmus. The canal was built over several decades by the U.S. and completed in 1914 but handed over to Panama during the Carter administration.

Immediately after Rubio’s fleeting visit to the central American country, President Mulino said Panama would not renew participation in China’s BRI and two Panamanian lawyers filed a complaint in the country’s Supreme Court to cancel the concession of Hutchison’s two ports on the canal. Mulino also ordered an audit into the company.

Mulino, after the talks with Rubio, dismissed any immediate threat of US retaliation and reiterated Panama’s ownership of the canal. He ruled out any negotiations with the US over the canal’s control. Chinese officials, on the other hand, have expressed that they have always respected Panama’s sovereignty and have no intention of infringing on it.

The BRI, launched by China in 2013, aims to build infrastructure and improve global trade. Panama was the first Latin American country to sign on to the initiative, and as part of the scheme, a two-party Chinese-led consortium is building a US$1.3 billion bridge over the waterway.

"The announcement by President Jose Raul Mulino that Panama will allow its participation in the CCP's Belt and Road Initiative to expire is a great step forward for US -Panama relations, a free Panama Canal, and another example of POTUS (President of the United States) leadership to protect our national security and deliver prosperity for the American people," Rubio posted on X after departing the country and hailing his visit as a “great success.”

Norman Castro, one of the lawyers in the case brought before the Supreme Court, told reporters the contract "violates what the constitution says in about 10 articles."

"After a detailed analysis of the contract... we decided that an action for unconstitutionality was the appropriate means" to challenge the concession," said Julio Macias, another lawyer behind the suit.

The complaint also accuses the Hong Kong subsidiary of not paying taxes and benefits due to a series of advantages that are allegedly against the law. So far, no evidence has been offered to back up the allegations, but it will be required for the courts. Time will tell.

There were also allegations of corruption which prompted Mulino to order an investigation into the company.

Such is the strength of the venom Rubio spews up to get his way. Hopefully, the Mulino investigations and court actions will reveal the truth: that Hutchison Ports is just a bona fide company, conducting its business in a respectful and peaceful way as it does with dozens of companies around the world.

The attack on Hutchison is nothing more but a show of sinophilia paranoia by the so-called most powerful man on Earth, Donald Trump, and lacky Marco Rubio. Together, they are stalking the world like a bull in a china shop, using bullying tactics to force the world leaders to their knees in a kowtow manner.

On his Truth Social network, Trump has also claimed – without proof – that Chinese soldiers have been deployed to the canal and that “Panama is, with great speed attempting to take down the 64 per cent of signs which are written in Chinese. “They are all over the Zone,” he said.

But the “Zone” – a former American enclave bordering the canal – hasn’t existed since 1979.
Prime US TV network CNN fact-checking Trumps usual blabberings said that if the scenario Trump describes sounds like the plot of a movie, well, it was. In the 2001 movie “The Tailor of Panama,” which starred Pierce Brosnan and Geoffrey Rush, the US invaded Panama after receiving bogus intelligence that China was trying to secretly buy the canal.

Recommended Articles