A member of the influential Business and Trade Committee has called for HSBC executives to be hauled in front of MPs to explain why it is blocking pension savings from British nationals who have fled Hong Kong.
In 2021 Beijing and Hong Kong's pension regulator said they would no longer accept British National (Overseas) – BNO – passports as travel documents or forms of ID.
HSBC did not comment on Chung's case, but said: 'Hong Kong law sets the conditions under which a member may take pension benefits.
Growing concern: HSBC is sitting on £978 million of savings owed to tens of thousands living in the UK after they escaped a crackdown on pro-democracy activists by China.
Chung Kim Wah, a former professor and opinion pollster who fled to the UK in 2022, told The Mail on Sunday he was being denied access to more than £400,000 in pension savings as a result of his accounts being frozen.
