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The 612 fund continues to have an urgently available balance of only 1.81 million yuan, and it will cost 15 million yuan this month

2021-01-20T03:58:27.029Z


The "612 Humanitarian Support Fund", which supports those who have been compensated by the amendments, previously called on supporters to change to regular donations to avoid accumulating huge balances in their accounts. The fund stated on Facebook this morning (20th) that as of the end of December,


Political situation

Written by: Zhou Lixi

2021-01-20 11:45

Last update date: 2021-01-20 11:46

The "612 Humanitarian Support Fund", which supports those who have been compensated by the amendments, previously called on supporters to change to regular donations to avoid accumulating huge balances in their accounts.

The fund said on Facebook this morning (20th) that as of the end of December, the available balance was only 1.81 million yuan, but the estimated expenditure in January was 15 million yuan, and it called on supporters to donate.

The income figures listed by the fund show that since last month’s call for support for regular donations, the fund’s income has risen from an average of 3 million yuan in the previous two months to 8.37 million yuan, but it still does not cover its monthly expenditure of more than 10 million yuan.

Donations in the past 3 months are far less than expenditures

"612 Humanitarian Support Fund" means that as of the end of December last year, its available balance was only 1.81 million yuan.

At the same time, as of January 18, this month has temporarily received 2.03 million yuan in donations, but it is expected that the expenditure this month will reach 15 million yuan, so donations from the public are needed.

According to the financial briefing, the fund has received approximately 180 million yuan in donations since its establishment the year before.

The fund also lists the donation income and the number of funds approved in the past three months. The income in each month is much lower than the donation. Only after calling on supporters to consider regular donations in December, the income has improved slightly.

Among them, in October, it received a donation of 3.29 million yuan and an expenditure of 11.37 million yuan; in November, it received a donation of 2.85 million yuan and an expenditure of 14.52 million yuan; in December, it received 8.37 million yuan and an expenditure of 18.23 million yuan.

The "612 Fund" was repeatedly attacked by the establishment. The DAB Zhou Haoding raised an oral question in the Legislative Council at the beginning of the month, asking whether the government has monitored the legal operation of the fund. At that time, Secretary for Security Li Jiachao refused to comment on the operation of individual funds, but pointed out that when the public participated The purpose of each fund should be clearly understood, and the authorities will first crack down on raising funds for illegal operations.

Zhou Haoding urges to keep an eye on the "612 fund" Li Jiachao: Do ​​not comment on the operation of individual self-proclaimed funds

The establishment of the establishment of a name to promote the freezing of 612 funds: it is the safest not to transfer funds to other places and change to monthly donations

Only 17.65 million left in 612 fund balances plummeted by more than half from August, a record low since its establishment

612 fund raised more than 160 million, the existing fell to 36 million, launched two new plans to appeal to the public to donate

"612 Humanitarian Support Fund" sends annual report to Prisoners Department of Correctional Services for consent to destroy mail

01News

Anti-revision demonstrations Chen Rijun Legislative Council Li Jiachao

Source: hk1

All news articles on 2021-01-20

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