HSBC has come under fire from an international coalition of senior politicians over its decision to freeze the bank account of a prominent pro-democracy activist in Hong Kong.
A group of more than 50 politicians including Sir Iain Duncan Smith, the former Tory leader, has written to Mark Tucker, chairman of HSBC, demanding that he unfreeze the accounts of Ted Hui and his family.
Hui, 38, a former Hong Kong legislative councillor who fled to Britain, was accused by the territory’s authorities of misappropriating funds in charges relating to his crowdfunding campaign for lawsuits against police brutality. He revealed in December that HSBC had frozen his and his family’s bank accounts. HSBC, whose headquarters are in London, is under pressure after it supported a draconian