01 Investigation
Written by: Li Yinglin, Chen Jingqi, Zhou Weiqiang
2020-11-30 14:17
Last update date: 2020-11-30 14:26
The US Treasury announced on November 10, Hong Kong time that the list of sanctions against Chinese and Hong Kong officials was expanded, including Liu Cihui, Deputy Commissioner of Police (National Security).
"Hong Kong 01" found that two weeks after the announcement of the new round of sanctions, Liu Cihui paid off his Chong Hing Bank mortgage at the Jiafutai Property in Mid-Levels West on Thursday (26th).
Chong Hing Bank previously responded to Liu Cihui's sanctions and stated that it would not comment on individual customer matters.
"Hong Kong 01" is making enquiries with the police on the incident.
West Mid-Levels Jiafu Terrace Unit purchased in 2003
According to the information, Liu Cihui purchased the Jiafutai unit in Mid-Levels West for 3.9 million yuan in December 2003. The unit was wholly-owned by Liu Yiren and was mortgaged by Bank of China Hong Kong in the following year.
According to documents from the Land Registry, Liu transferred his unit to Citibank in July 2006 and then transferred to Chong Hing Bank in February 2010.
The two remortgage documents are registered with "All moneys", and the outsiders cannot know the mortgage amount.
The Land Registry revealed that Liu Cihui’s unit signed the document on November 26, and delivered the "RELEASE" on November 27. The mortgage on Chong Hing Bank has been paid off.
(Records of the Land Registry)
Mortgage paid off last Thursday
Two weeks after the United States announced the addition of Liu Cihui to the sanctions list, the latest registration information of the Land Registry showed that Liu had paid off the mortgage of Chong Hing Bank on November 26 and delivered the relevant documents to the Land Registry the next day.
The day after Liu Cihui was sanctioned, "Hong Kong 01" alleged that it had inquired about the incident with Chong Hing Bank. The bank said at the time that it did not comment on individual customer matters. However, Liu paid off and mortgaged the property 15 days later.
"Hong Kong 01" is making enquiries with the police on the incident.
Has responded to sanctions: in vain, without fear
The West Mid-Levels Jiafu Terrace unit held by Liu Cihui is three bedrooms and one living room with a saleable area of 617 square feet. The property price per square foot has risen from about 6,300 yuan that year to more than 20,000 yuan. The latest estimate by a major bank is 14.35 million yuan.
On the day when the sanctions were announced, Liu Cihui responded to media enquiries through the Police Public Relations Division, saying that it is her pride and honor to be the head of the Hong Kong Police Force’s national security department. The US government hopes to use the so-called “sanctions” against her to combat the police force and safeguard the country Safe work will only be in vain.
She said that she is not afraid and will continue to unswervingly do a good job in safeguarding the security of the country and Hong Kong.
Zheng Ruohua paid off the mortgage, Deng Bingqiang, HSBC refinanced the Bank of China
15 Hong Kong and Mainland officials were included in the sanctions list by the U.S. Department of the Treasury. Among them, the Secretary of Justice Zheng Ruohua held House 4 Haishi Villa in Tuen Mun through the sole proprietorship company "Parkstar Development Co., Ltd." and "Vision Investment Limited" The company" holds 7 middle-level units in Block 7 of the Royal Garden in Sha Tin.
The two properties were originally mortgaged by Standard Chartered (Hong Kong) Bank, but on September 1 this year, the "Receipt on discharge of a charge" was also signed to release the statutory charge, indicating the repayment of all mortgage loans of Standard Chartered properties and related documents. It has been delivered to the Land Registry for registration.
The Commissioner of Police, Deng Bingqiang, purchased the Fortune Garden unit in the Southern District for $6.25 million in March 2017. He also signed a redemption deed to release the statutory charge on November 10, showing that Deng Bingqiang has paid off the loan from Bank of China in one stroke. Mortgage.
As for Li Guihua, the Senior Superintendent of the National Security Service of the Police Force who was sanctioned by the United States in November, his personal property in Laguna City, Lantian, is still being mortgaged by Bank of China Hong Kong, and the loan has not yet been repaid.
▼List of officials from China and Hong Kong who were sanctioned by the United States in the first round and reasons▼
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Lam Cheng's cash pays and pays a large stack of cash at home
Since August, the U.S. Treasury Department has successively included 15 Chinese and Hong Kong officials including Chief Executive Carrie Lam and Commissioner of Police Deng Bingqiang on the sanctions list, prohibiting commercial and financial institutions, including banks, from doing business with them, and requesting the freezing of their related matters. assets.
Deng Pingqiang once said in an interview that "banking services were partially suspended." When Carrie Lam was interviewed by Cable News a few days ago, she first admitted that she currently does not have a bank account, saying that the government pays her in cash and "has a large stack of cash at home."
Chong Hing Bank is currently a member of the Yuexiu Group in Guangzhou.
(Information Picture / Photo by Jiang Zhiqian)
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