In a high-profile news conference Thursday, Justice Alliance founder Leticia Lee See-yin denied allegations she misappropriated funds from the political party and that she is in debt for nearly HK$1 million (US$130,000).
Lee, who was kicked out of the Justice Alliance, which she chaired, on Thursday, said she has already repaid most of her debts and that there is only an outstanding amount of HK$230,000 to be cleared, Headline Daily reports.
She said that she has, in fact, subsidized the party out of her own pocket.
Lee arrived at the news conference venue with supporters holding placards pledging their everlasting support for her.
She said she owed money to only five members of the party, amounting to a total of around HK$700,000, HK$470,000 of which she has repaid.
The blue ribbon icon said she has never misappropriated funds from the Justice Alliance and that she invited her creditors to sign formal loan agreements witnessed by a lawyer.
She said the monthly expenses of the party are between HK$50,000 and HK$52,000.
Donations from outsiders have never been enough to support the party’s operations, Lee said, and she has been subsidizing the Justice Alliance with her own money all along.
Lee said vice-chairmen Choi Hak-kin and Shum Ho-bun were wasting police resources by filing false accusations against her.
She said she would also call the police and sue the pair for defamation.
The Yau-Tsim district regional crime unit is investigating the case, which is being treated as suspected fraud.
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