Ex-Hong Kong lawmaker Chim Pui-chung granted HK$5 million bail in fraud appeal
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Former Hong Kong lawmaker Chim Pui-chung, convicted of conspiracy to defraud, has been granted HK$5 million bail pending his appeal. The High Court judge ordered Chim to remain in Hong Kong, surrender travel documents, and report to police twice weekly. Chim, a former Legislative Council member, was sentenced to 34 months in prison in December 2024 for conspiring with his son and others to conceal a HK$210 million deal involving Asia Resources Holdings between 2013 and 2015. The District Court found that Chim and his son, among others, defrauded a listed company and the city’s stock exchange by concealing the sale of Chim's controlling stake in the company. Chim's son served as chairman of the company during part of the period in question.
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