London Daily

Focus on the big picture.
Friday, Oct 02, 2026

Fugitive Ted Hui gives British parliament evidence of frozen HSBC accounts

Fugitive Ted Hui gives British parliament evidence of frozen HSBC accounts

Foreign Affairs Committee is expected to question bank CEO Noel Quinn and chief compliance officer Colin Bell over the matter on Tuesday.

Self-exiled former Hong Kong opposition lawmaker Ted Hui Chi-fung has said he gave evidence related to his frozen HSBC accounts to the British parliament before it questions the bank’s bosses over the matter.

The dispute between Hui, who fled Hong Kong in November, and the bank has escalated into a diplomatic row, with the legislative body’s Foreign Affairs Committee expected to question two top HSBC executives during a virtual session on Tuesday.

According to the committee’s website, bank CEO Noel Quinn and chief compliance officer Colin Bell will face questions from members of parliament.

Hui urged Britain to impose sanctions on HSBC after it froze credit cards and savings accounts belonging to him and his family after he left Hong Kong, where he faces a variety of charges connected with social unrest.

Hui wrote on Facebook on Saturday night that he had provided evidence and detailed information of the matter as requested by committee members.

“Any banks, businesses or organisations helping the communist tyranny to suppress the freedom of Hong Kong people will inevitably pay a heavy price internationally,” he said. “I will do everything I can to make these organisations face the consequences.”

The banking giant faced a backlash in 2019 for closing a corporate account used to raise funds for Spark Alliance HK to support protest-related activities, months after the anti-government unrest started.

Hong Kong protesters also called for a boycott of the bank after it issued a statement last summer supporting the enactment of the national security law
, which granted new powers to police to request institutions hand over sensitive data during investigations.


HSBC regional headquarters in Hong Kong.


In November last year, Hui reported the freezing of his accounts at HSBC, Hang Seng Bank and Bank of China after he fled Hong Kong while out on bail awaiting trial on nine charges tied to the protests in 2019 and his actions in the legislature. He is accused, among other things, of perverted the course of justice and committing criminal damage.

The Good Neighbour North District Church, whose volunteers were offering help to protesters, also accused HSBC of freezing the accounts of its now ex-pastor and his wife.

Hui said Quinn last week sent him an email, explaining the bank had “no choice” but to freeze the accounts as it was legally obliged to take action after being notified by local police.

He rejected the “irresponsible” explanation from the bank chief and accused HSBC of failing to justify why his family members were “collectively punished”.

Last month, Secretary for Security John Lee Ka-chiu defended the police’s requirement the bank take the step, which the force alleges was connected to a money-laundering case involving an “absconding 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.

Last week, a top barrister from London tasked with prosecuting high-profile opposition activists in Hong Kong pulled out of the case, prompting the city’s justice minister to hit back at the British government for its “disgraceful” attacks and political pressure that is believed to have prompted the surprise move.

Secretary for Justice Teresa Cheng Yeuk-wah on Wednesday warned against a trend of wider interference in the independent functioning of the legal profession in Hong Kong and Britain after David Perry QC decided not to lead the prosecution of nine activists including media tycoon Jimmy Lai Chee-ying and veteran lawyer Martin Lee Chu-ming over an illegal protest.

Newsletter

Related Articles

0:00
0:00
Close
Scottish Court to Rule on Bid to Force No-Confidence Vote Against Aberdeen Council Co-Leader
UK Bans Extra Charges for Seating Children Under 12 Beside Accompanying Adults
UK Introduces Vaping Duty and New Licensing Requirements
Greggs to Close Four UK Factories and Cut 740 Jobs
Hundreds of Prisoners Released Early as England and Wales Prisons Reach 98% Capacity
UK Unveils New Russia Sanctions Targeting War Funding and Shadow Fleet
Burnham Says There Are Strong Indications of Iranian Involvement in RAF Fairford Security Breach
Prime Minister Andy Burnham Raises Prospect of Reviewing Britain's Post-Brexit EU Relationship
Markets Price in Bank of England Rate Increases as Inflation Rises to 3.1%
UK Borrowing Costs Climb Toward 5.5% as Global Bond Sell-Off Intensifies
UK-France One-In-One-Out Migration Agreement Expires as London Seeks Alternative Measures
Southwest England Faces Flood Alerts After Heavy Autumn Storms
UK Expands Funding for Rapid Electric Vehicle Charging Infrastructure
Welsh Government Approves Funding to Upgrade South Wales Transport
Northern Ireland Tensions Rise as Orange Order Rejects Drumcree Compromise
NHS Leaders Back Early Design of Proposed National Care Service
More Than One-Third of Regional UK Universities Face Financial Deficits
UK Current Account Deficit Narrows as Cross-Border Financial Flows Remain Strong
Bank of England and FCA Issue New Rules for Stablecoins and Digital Assets
MI5 Warns UK Universities Over Research Links With Chinese Institutions
UK Energy Price Cap Rises 4% as Electricity VAT Is Temporarily Suspended
Equity Calls for UK Personality Rights to Protect Performers From AI Replication
OpenAI Pauses Advanced Model Training Following Safety Concerns
Scottish Government Proposes Replacing 32 Councils With Larger Regional Authorities
Ofgem Raises UK Household Energy Price Cap by 4% From October
UK Counter-Terrorism Police Continue Investigation After Five Arrests Near RAF Fairford
OECD Cuts UK 2027 Growth Forecast to 1%
Labour Says State Pension Triple Lock Remains Protected Through Current Parliament
Andy Burnham Pledges National Care Service With Free Social Care in England
Six Flags Permanently Shuts Landmark X2 Roller Coaster Following Safety Scandals
Metropolitan Police Rule Out Terrorism in Golders Green Stabbing Investigation
Lithium-Ion Battery Identified as Cause of Fatal Merseyside House Fire
UK Department Rejects New Sea Use Framework Due to Stakeholder Fatigue
Major Thames Water Pipe Burst Causes School Closures in London
Aldi Commits £900 Million to Expand UK Supermarket Network
Scottish Affairs Committee Warns Skills Shortages Threaten Defence Sector Expansion
Parliamentary Committee Warns Northern Ireland Budget Deadlock is Stalling Economic Growth
NHS Hospitals in England Face Severe Shortages of Essential Medications
Home Secretary Signals Major Overhaul of UK Immigration and Leave to Remain Policies
Chancellor Promises New Job Schemes Alongside Strict Fiscal Discipline
Energy Secretary Proposes Taxpayer-Funded Green Transition and National Electricity Grid
UK Government to Renationalise Avanti West Coast Railway Franchise in March
Prime Minister Andy Burnham Pledges Major Social Care and Infrastructure Reforms
Five Suspects Released on Bail Following Alleged Bomb Plot Near RAF Fairford
UK Diesel Prices Hit Record High of 199p Per Litre
Transport for Wales and Network Rail Complete Electrification of South Wales Metro
Defra Expands Incentives for Sustainable Farming and Biodiversity in England
Northern Ireland Executive Approves Funding Package to Resolve Public Sector Pay Disputes
Universities UK Warns of Financial Insolvency Risks for Higher Education Institutions
UK Prisons Activate Emergency Protocols to Manage Capacity Pressures
×