Frozen assets can be used for necessities if CE agrees: bill

2016-04-29 08:00
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A government-initiated bill proposes that the chief executive be given the power to allow “designated individuals” to use “a reasonable amount” of their frozen assets to pay their “necessary expenses”, legislator-cum-unionist Kwan Tsui Hang, who chairs the committee, told reporters yesterday.

According to the United Nations, “designated individuals” are persons subject to financial sanctions for alleged involvement in terrorist activity.

Kwan, a vice chairwoman of the Macau Federation of Trade Unions (commonly known as Gung Luen), briefed the media on a closed-door committee meeting about the bill afterwards. 


Lawmaker-cum-unionist Kwan Tsui Hang, who chairs the Legislative Assembly’s (AL) 1st Standing Committee, speaks to the local media after a closed-door meeting with government officials yesterday. Photo: Davis Ip

Please read the full article in our print edition.

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