Four face court for allegedly furnishing false information to realize $224m L/C facilities
2003-5-7
Four persons, including the former chairman and a manager of Keen Lloyd Group of Companies (KLG), charged by the ICAC, appeared in Eastern Magistracy this (Wednesday) morning for allegedly conspiring to furnish false information for the realization of Let ters of Credit (L/Cs) facilities totalling US$28.78 million (about HK$224.5 million).
Chin Kam-chiu, alias Chun Kam-chiu, 45, former chairman of KLG; Tsang Siu-lan, 34, manager of KLG; Chow Wai-choi, 43, former deputy general manager of then Sin Hua Bank Limited Hong Kong Branch (Sin Hua Bank); and Hau Pui-yee, alias Hau Pui-ming, 52, form er assistant general manager of Sin Hua Bank, faced one count of conspiracy to furnish false information.
No pleas were taken. Magistrate Mr David Dufton adjourned the case until June 13, 2003 for consideration of committal proceedings.
Chun and Tsang were granted cash bail of $500,000 and $50,000 respectively, while Chow and Hau were granted cash bail of $200,000 and $100,000 respectively.
Tsang and Hau were ordered not to leave Hong Kong, while Chun and Chow were ordered to inform the ICAC of their itineraries 48 hours before leaving Hong Kong, and report to the ICAC within 24 hours after their return. The defendants were also ordered not to interfere with prosecution witnesses.
The case arose from a corruption complaint, alleging that Chun might have corruptly secured credit facilities from a bank. ICAC inquiries uncovered the alleged conspiracy offence.
The charge alleged that between late 1998 and April 30, 1999, the defendants had conspired with other persons to dishonestly furnish information, namely invoices, L/Cs and supporting documents required for the realization of the said L/Cs, which to their knowledge were false.
Such information was said to purportedly show that goods were sold by companies operated by Chun, namely Profit Sonic Limited, Vast Income Industries Limited and Tanko Development Limited, to other companies also operated by Chun, namely Keen Lloyd (Holdi ngs) Limited and Keen Lloyd Motors Limited.
The prosecution was today represented by Senior Government Counsel Fanny Wong, assisted by ICAC officer Patrick Kwok.
Chin Kam-chiu, alias Chun Kam-chiu, 45, former chairman of KLG; Tsang Siu-lan, 34, manager of KLG; Chow Wai-choi, 43, former deputy general manager of then Sin Hua Bank Limited Hong Kong Branch (Sin Hua Bank); and Hau Pui-yee, alias Hau Pui-ming, 52, form er assistant general manager of Sin Hua Bank, faced one count of conspiracy to furnish false information.
No pleas were taken. Magistrate Mr David Dufton adjourned the case until June 13, 2003 for consideration of committal proceedings.
Chun and Tsang were granted cash bail of $500,000 and $50,000 respectively, while Chow and Hau were granted cash bail of $200,000 and $100,000 respectively.
Tsang and Hau were ordered not to leave Hong Kong, while Chun and Chow were ordered to inform the ICAC of their itineraries 48 hours before leaving Hong Kong, and report to the ICAC within 24 hours after their return. The defendants were also ordered not to interfere with prosecution witnesses.
The case arose from a corruption complaint, alleging that Chun might have corruptly secured credit facilities from a bank. ICAC inquiries uncovered the alleged conspiracy offence.
The charge alleged that between late 1998 and April 30, 1999, the defendants had conspired with other persons to dishonestly furnish information, namely invoices, L/Cs and supporting documents required for the realization of the said L/Cs, which to their knowledge were false.
Such information was said to purportedly show that goods were sold by companies operated by Chun, namely Profit Sonic Limited, Vast Income Industries Limited and Tanko Development Limited, to other companies also operated by Chun, namely Keen Lloyd (Holdi ngs) Limited and Keen Lloyd Motors Limited.
The prosecution was today represented by Senior Government Counsel Fanny Wong, assisted by ICAC officer Patrick Kwok.