Coronavirus: Hong Kong lawmakers fail to decide on bailout for Ocean Park after concerns raised over HK$3 billion owed to bank

The fate of Hong Kong’s Ocean Park hung in the balance after lawmakers failed to make progress on approving a HK$5.4 billion (US$697 million) rescue plan, owing to concerns over massive commercial debt already saddling the resort.Legislative Council members of the Finance Committee asked why taxpayer dollars should help repay about HK$3 billion the park owes Bank of China (HK).Three pro-democracy lawmakers introduced motions to summon former government officials, previous park chairman Allan…

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