Law & Society

Billionaire brothers Thomas and Raymond Kwok has pleaded not guilty in court today on allegations that they have paid or extended loans worth a total of HK$35 million or $4.5 million to former top two government official Rafael Hui.

Islamic cleric Abu Hamza al-Masri took the stand yesterday to answer all allegations of kidnapping and other terrorism-related charges against him by the US government, including his supposed role in the 1998 kidnapping of US tourists in Yemen, Bloomberg reported.

Portfolio Recovery Associates (PRAA) and Sherman Financial Group LLC were said to have agreed to stop collecting around $16 million in judgements and pay $475,000 in combined fines to settle with the state of New York regarding allegations of violating a law governing debt collections, Bloomberg reported.