London Daily

Focus on the big picture.
Thursday, Dec 25, 2025

Former lawmaker Ted Hui rejects HSBC explanation on why it froze his accounts

Former lawmaker Ted Hui rejects HSBC explanation on why it froze his accounts

Hui says he can ‘hardly accept the nearly laughable U-turn explanation’ HSBC chief executive Noel Quinn gave him in an email last week.

Self-exiled former opposition lawmaker Ted Hui Chi-fung on Sunday dismissed as “irresponsible” an explanation by the boss of HSBC that the bank had “no choice” but to freeze accounts belonging to him and his family at the behest of Hong Kong police.

Hui said he received a personal email from HSBC chief executive Noel Quinn last week explaining why the bank froze their credit cards and savings accounts soon after he absconded in December.

Hui, who posted a picture of part of the letter on his Facebook page, quoted Quinn as writing that it was wrong for bank staff to say the credit cards were cancelled as a commercial decision as HSBC had only frozen them – an explanation the ex-Democratic Party lawmaker rejected.

Quinn added the bank was legally obliged to take action after being notified by police.

“I can hardly accept the nearly laughable U-turn explanation given by HSBC regarding my credit cards, from ‘a commercial decision to cancel’ to ‘frozen only’ after enormous public criticisms,” Hui said. “This is not so much a mistake made by a frontline staff member … The international bank has put its customer service on the pillar of shame in its political toadyism.”

HSBC said it had no comment on the issue.


Self-exiled former Hong Kong lawmaker Ted Hui posted on Facebook part of a letter written to him by HSBC chief executive Noel Quinn.


Hui left the city while out on bail awaiting trial on charges tied to the 2019 anti-government protests and his actions in the legislature.

He flew to Denmark in late November with the court’s permission, ostensibly to attend climate change meetings, only to announce he had decided to enter self-imposed exile in Britain.

Shortly after his arrival there, he said his bank accounts and those of his family members – at HSBC, Hang Seng Bank and Bank of China – had been frozen.

He later managed to transfer the savings after his family accounts were unfrozen and his personal accounts partially released.

On Sunday, Hui rejected the “irresponsible” explanation from Quinn, whom he quoted as saying HSBC was “not able to operate” his bank and credit card accounts and “had no choice” as it was legally obliged to take action following the police notification.

Hui accused the bank of failing to provide the legal basis for freezing his and his family’s accounts and to explain why they were “collectively punished”.


HSBC regional headquarters in Hong Kong.


Citing the Organised and Serious Crime Ordinance, Hui said freezing accounts always started with a bank finding suspicious transactions. He accused HSBC of failing to follow professional due procedures as he had never received any questions from the bank regarding any transactions in his accounts.

He also called on politicians in Britain and other countries to weigh in and raise the issue formally for parliamentary discussion and for foreign governments to impose sanctions on the bank.

Last month, Secretary for Security John Lee Ka-chiu defended police’s move to freeze the bank accounts, which the force alleged were connected to a money-laundering case involving an “absconded Hongkonger” accused of misappropriating money from a crowdfunding campaign.

Hui had earlier insisted all the money he raised online for a planned private prosecution of police officers had been saved in his law firm’s bank account.

Newsletter

Related Articles

0:00
0:00
Close
UK Mortgage Rates Edge Lower as Bank of England Base Rate Cut Filters Through Lending Market
U.S. Supermarket Gives Customers Free Groceries for Christmas After Computer Glitch
Air India ‘Finds’ a Plane That Vanished 13 Years Ago
Caviar and Foie Gras? China Is Becoming a Luxury Food Powerhouse
Hong Kong Climbs to Second Globally in 2025 Tourism Rankings Behind Bangkok
From Sunniest Year on Record to Terror Plots and Sports Triumphs: The UK’s Defining Stories of 2025
Greta Thunberg Released on Bail After Arrest at London Pro-Palestinian Demonstration
Banksy Unveils New Winter Mural in London Amid Festive Season Excitement
UK Households Face Rising Financial Strain as Tax Increases Bite and Growth Loses Momentum
UK Government Approves Universal Studios Theme Park in Bedford Poised to Rival Disneyland Paris
UK Gambling Shares Slide as Traders Respond to Steep Tax Rises and Sector Uncertainty
Starmer and Trump Coordinate on Ukraine Peace Efforts in Latest Diplomatic Call
The Pilot Barricaded Himself in the Cockpit and Refused to Take Off: "We Are Not Leaving Until I Receive My Salary"
UK Fashion Label LK Bennett Pursues Accelerated Sale Amid Financial Struggles
U.S. Government Warns UK Over Free Speech in Pro-Life Campaigner Prosecution
Newly Released Files Shed Light on Jeffrey Epstein’s Extensive Links to the United Kingdom
Prince William and Prince George Volunteer Together at UK Homelessness Charity
UK Police Arrest Protesters Chanting ‘Globalise the Intifada’ as Authorities Recalibrate Free Speech Enforcement
Scambodia: The World Owes Thailand’s Military a Profound Debt of Gratitude
Women in Partial Nudity — and Bill Clinton in a Dress and Heels: The Images Revealed in the “Epstein Files”
US Envoy Witkoff to Convene Security Advisers from Ukraine, UK, France and Germany in Miami as Peace Efforts Intensify
UK Retailers Report Sharp Pre-Christmas Sales Decline and Weak Outlook, CBI Survey Shows
UK Government Rejects Use of Frozen Russian Assets to Fund Aid for Ukraine
UK Financial Conduct Authority Opens Formal Investigation into WH Smith After Accounting Errors
UK Issues Final Ultimatum to Roman Abramovich Over £2.5bn Chelsea Sale Funds for Ukraine
Rare Pink Fog Sweeps Across Parts of the UK as Met Office Warns of Poor Visibility
UK Police Pledge ‘More Assertive’ Enforcement to Tackle Antisemitism at Protests
UK Police Warn They Will Arrest Protesters Chanting ‘Globalise the Intifada’
Trump Files $10 Billion Defamation Lawsuit Against BBC as Broadcaster Pledges Legal Defence
UK Says U.S. Tech Deal Talks Still Active Despite Washington’s Suspension of Prosperity Pact
UK Mortgage Rules to Give Greater Flexibility to Borrowers With Irregular Incomes
UK Treasury Moves to Position Britain as Leading Global Hub for Crypto Firms
U.S. Freezes £31 Billion Tech Prosperity Deal With Britain Amid Trade Dispute
Prince Harry and Meghan’s Potential UK Return Gains New Momentum Amid Security Review and Royal Dialogue
Zelensky Opens High-Stakes Peace Talks in Berlin with Trump Envoy and European Leaders
Historical Reflections on Press Freedom Emerge Amid Debate Over Trump’s Media Policies
UK Boosts Protection for Jewish Communities After Sydney Hanukkah Attack
UK Government Declines to Comment After ICC Prosecutor Alleges Britain Threatened to Defund Court Over Israel Arrest Warrant
Apple Shutters All Retail Stores in the United Kingdom Under New National COVID-19 Lockdown
US–UK Technology Partnership Strains as Key Trade Disagreements Emerge
UK Police Confirm No Further Action Over Allegation That Andrew Asked Bodyguard to Investigate Virginia Giuffre
Giuffre Family Expresses Deep Disappointment as UK Police Decline New Inquiry Into Andrew Mountbatten-Windsor Claims
Transatlantic Trade Ambitions Hit a Snag as UK–US Deal Faces Emerging Challenges
Ex-ICC Prosecutor Alleges UK Threatened to Withdraw Funding Over Netanyahu Arrest Warrant Bid
UK Disciplinary Tribunal Clears Carter-Ruck Lawyer of Misconduct in OneCoin Case
‘Pink Ladies’ Emerge as Prominent Face of UK Anti-Immigration Protests
Nigel Farage Says Reform UK Has Become Britain’s Largest Party as Labour Membership Falls Sharply
Google DeepMind and UK Government Launch First Automated AI Lab to Accelerate Scientific Discovery
UK Economy Falters Ahead of Budget as Growth Contracts and Confidence Wanes
Australia Approves Increased Foreign Stake in Strategic Defence Shipbuilder
×