Spark Alliance
The Spark Alliance (also known as Spark Alliance HK) is an organization or individual which finances bail payments for persons arrested in connection with the 2019–20 Hong Kong protests. According to donors to, and attorneys for, the group its leadership is unknown.[1]
Spark Alliance | |||||||||||
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Traditional Chinese | 星火同盟抗爭支援 | ||||||||||
Simplified Chinese | 星火同盟抗争支援 | ||||||||||
Literal meaning | Spark Alliance resistance support | ||||||||||
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In November 2019, HSBC announced that it had given – in October of that year – a deposit account, "Prime Management Service Ltd.", 30 days to clear its funds out of the bank. The account had been used to raise funds for Spark Alliance, which HSBC said was in violation of its terms of service.[2] The decision led to HSBC subsequently becoming a target of protesters, with several of its branches being vandalized and an online petition organized calling for the United States to block the bank from doing business in the U.S.[3]
On 19 December 2019, the Hong Kong Police Force announced the seizure of HK$70 million in bank deposits linked to Spark Alliance and the arrest of several persons alleged connected to Spark Alliance on charges of money laundering.[1][4]
References
- "Mysterious bags of cash trigger major Hong Kong protest arrests". The Star. 20 December 2019. Archived from the original on 1 January 2020. Retrieved 1 January 2020.
- Yu, Cannix (19 November 2019). "HSBC to Close Corporate Account Being Used to Support Hong Kong Protesters through Crowdfunding". South China Morning Post. Archived from the original on 1 January 2020. Retrieved 1 January 2020.
- Lo, Alex (27 December 2019). "The Irony of Protesters Urging US Action Against HSBC". South China Morning Post. Archived from the original on 31 December 2019. Retrieved 1 January 2020.
- Yu, Verna (20 December 2019). "Hong Kong Police Freeze $9M in Protest Fund". Voice of America. Archived from the original on 1 January 2020. Retrieved 1 January 2020.