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Lin Zhuoting sold more than ten million self-occupied properties to cash out, which is referred to as meeting family and legal expenses and not leaving Hong Kong

2021-01-18T10:23:08.112Z

Since the implementation of the "Minato National Security Law" in June last year, many politicians have sold properties. Following Lee Cheuk-ren, the chairman of the stake, Lin Cheuk-ting, the vice chairman of the Democratic Party, has also recently sold a flat for cash, selling his self-occupied property in Sha Tin for more than 10 million yuan.



Political situation

Written by: Peng Zhuowei

2021-01-18 18:08

Last update date: 2021-01-18 18:09

Since the implementation of the "Minato National Security Law" in June last year, many politicians have sold properties.

Following Lee Cheuk-ren, the chairman of the stake, Lin Cheuk-ting, the vice chairman of the Democratic Party, has also recently sold a flat for cash, selling his self-occupied property in Sha Tin for more than 10 million yuan.

In response to enquiries, Lin Cheuk Ting said that the sale of the property was to cope with the long political winter, family expenses, children's studies, and heavy legal expenses. He also emphasized that travel documents were seized by the court and that it was never a property to leave Hong Kong.

According to real estate agency information, Lin Cheuk Ting's 3-bedroom, 1102-sq. ft. unit with parking space in Cuihu Garden, Sha Tin, was recently traded for 12.68 million yuan.

He bought it in 2009 at a price of 5.52 million yuan, which means the book value has appreciated by 7.16 million yuan.

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According to real estate agency information, Lin Cheuk Ting's 3-bedroom, 1102-sq. ft. unit with parking space in Cuihu Garden, Sha Tin, was recently traded for 12.68 million yuan.

He bought it in 2009 at a price of 5.52 million yuan, which means the book value has appreciated by 7.16 million yuan.

In response to media enquiries, Lin Cheuk Ting said that he had no plans to leave Hong Kong. He also mentioned that there were a number of lawsuits and travel documents were also seized. The property was sold for cash in order to deal with the lawsuits. He temporarily planned to rent another property with his family.

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At least 5 criminal cases and 8 charges

Checking the information, Lin Cheuk Ting is currently responsible for at least 5 criminal cases and 8 charges, including the alleged involvement in the riot in the MTR Yuen Long Station lobby with other people on July 21, 2019; he was also charged in 2019 From December 2010 to July 2020, he disclosed to the public the identity of a person under investigation by the ICAC and was charged with 3 counts of "disclosing the identity of the person under investigation".

In the large-scale arrest operation earlier this month, Lin Zhuoting, who participated in the primary election of the democratic camp, was also accused of "subverting state power" in violation of the "Minato National Security Law."

Lin Cheuk Ting is accused of disclosing information and accusing the complainant of not prosecuting the police officer in the ICAC 721 incident

Lin Zhuoting involved in disclosing that the person under investigation was prosecuted by the ICAC for 3 counts and was granted bail to appear in court on his own

Lin Cheuk Ting was arrested by the ICAC for disclosing the identity of the 721 under investigation. The Eastern Magistracy will appear in the afternoon

Lin Zhuoting 721 case banned departure officer accused someone of high-profile claiming that they successfully escaped and increased the risk of escape

Xu Zhifeng goes into exile|Reiterate that he will not go into exile Lin Zhuoting: There are characters guarding the truth in Hong Kong on 7.21

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Lin Zhuoting

Source: hk1

All news articles on 2021-01-18

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