ATV World News (2015/02/11)




News Summary
1. ATV is turning to the public to raise money through a crowd-funding proposal, offering to sell more than 10 percent of shares in the company of $10,000 each. The move was announced as court-appointed managers confirmed that three new investors have offered to buy a majority stake, but existing major investor Wong Ching (王征) wants a higher price.

2. A High Court jury is deliberating a verdict in the case against the captains of the two ferries that collided off Lamma Island three years ago. The two face dozens of manslaughter charges and the judge has ordered the jury to rely on evidence instead of sympathy for the victims and their families.

3. Lawmakers have strongly condemned the Civil Aviation Department for "blatant" violations by spending public money on facilities without getting formal approval. LegCo's Public Accounts Committee also criticised the department's general director for "wilfully neglecting his responsibilities and duties."

4. Severe flu has claimed seven more lives in Hong Kong, taking the toll so far this year to 164.

5. Taiwan's government has ordered all airlines to review safety procedures after nearly half of the pilots trained to fly the type of aircraft that crashed in Taipei last week were suspended.

6. China and the US are hoping to consolidate their relationship with a state visit to Washington by President Xi Jinping this September. Apart from economic issues, the two leaders will discuss cyber security and Beijing's concerns about Taiwan and Tibet.

7. Washington has vowed to avenge the death of a US female aid worker killed by the militant group Islamic State. / A grand jury in New York has charged a police officer for the fatal shooting of an unarmed black man.

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