Tuesday 15th April 2014
Dear Reader,
NEW ARTICLE
Jump for joy - MPF is taking more
A careful analysis of a
poster we received in the mail leads us to only one conclusion... (15-Apr-2014)
RECENT ARTICLES
Quat's degrees don't equate
Legislator "Dr" Elizabeth Quat
has not one but three "degrees", including her doctorate, from a defunct degree
mill once run out of a bungalow in Hilo, Hawaii. We also look into the
characters behind it. (11-Apr-2014)
Wrong turn for REITs
Webb-site urges the SFC not to
pollute the Real Estate Investment Trust market by allowing them to speculate in
securities with unitholders' money. Surplus cash should be paid out to investors
so that they can invest it themselves. That's what investors do. (2-Apr-2014)
IN OTHER NEWS
Ma Sik Chun fails to have arrest warrant revoked
RTHK, 14-Apr-2014
Note: there are no
extradition treaties between HK, mainland China, Macau and Taiwan. China is one
country (or two if you count Taiwan) and 4 legal systems.
Court
remands market manipulator in custody
SFC,
11-Apr-2014
HKICPA
bans Fung Wing Yuen & Robin Pang Ho Choi for 12 months
HKICPA, 11-Apr-2014
The private company
involved was Regaltronic Ltd - see our report of the court judgment on
15-May-2012.
Secretary for Justice v Chinachem Charitable Foundation Ltd & others
HK Court of Appeal, 11-Apr-2014
Ex-Huawei
manager charged with bribery and deception
ICAC, 10-Apr-2014
China Metal Recycling (Holdings) Ltd v Chun Chi Wai & others
HK Court of First Instance, 9-Apr-2014
Judge
Louis Chan states: "In the light of the HK$822,900,000 received by the
defendants since the end of 2009, this disclosure of assets at HK$99,886,000 is
incredible. That means the defendants had “used, spent or disposed of” about
HK$200 million per year, or over half a million a day." He orders disclosure of
what has happened since the Mareva injunction on 30-Jul-2013, but not a tracing
order for earlier disposals.
And much more besides...
Remember that, apart from our occasional
artisan articles, you can follow Webb-site Reports via RSS,
Twitter, or
Facebook.
Pass it on!
This free newsletter goes to over 20,000 subscribers. If you enjoy the site, then please
invite a friend to find out
what they are missing and subscribe!