Socio-Economics History Blog

Socio-Economics History Blog

Hong Kong Police Arrest 4 Alleged Financiers Of The Protest Movement

by mosesman

  • CIA Color Revolution! CIA: “We will destabilize China. Put in our puppet politicians, government, destroy China … institute laws favorable to our Opium, Cannabis … Drugs business … push LGBTQ moral corruption …. heheh …”
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  • Hong Kong Police Arrest 4 Alleged Financiers Of The Protest Movement
    by Tyler Durden, https://www.zerohedge.com/
    On Thursday, police in Hong Kong announced the arrests of several individuals whom they described as leaders of the Hong Kong protests movement. But these individuals (their identities have not been released) were not simply collared out in the street.
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    Instead, police described the four as leaders of Spark Alliance, a mysterious organization that has been one of the main financiers of the protest movement, including by bailing protesters out of jail and helping to defray their legal fees.
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    Police seized HK$70 million ($9 million) in bank deposits and personal insurance products from Spark, claiming that the group broke laws about money laundering.
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    In a response posted to its FB group, Spark blasted the police, accusing them of deliberately trying to cut off one of the most important avenues of financing in the protest movement.
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    On Thursday evening, police announced the arrests of four people connected with Spark Alliance for suspected money laundering, the first cases brought over financing the demonstrations after six months of protests against China’s tightening grip over Hong Kong. Authorities froze HK$70 million of bank deposits and personal insurance products linked to the fund, while also seizing HK$130,000 in cash.
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    “The police attempted, through false statements, to distort the work of Spark Alliance as money laundering for malicious uses,”     the group said in a statement on Facebook. “    Spark Alliance condemns this kind of defamatory action.”
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    The arrests and seizures, as Bloomberg explains, shed light on the innerworkings of the Hong Kong protest movement. Millions of Americans who have read the news reports about the protests have probably been left wondering how the protesters became so organized.
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    Well, this is how: Since the beginning of the movement, wealthy working HKers have observed their duty to help those battling it out on the front lines in any way possible. Mostly, they do it through donations to groups that purport to help bail out protesters after they’ve been arrested, or groups that simply provide food and shelter for the demonstrators, many of whom are teenagers, or in their early 20s.
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    read more.

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