Chinachem seeks top leaders for charity fund

PUBLISHED : Saturday, 29 October, 2011, 12:00am
UPDATED : Saturday, 29 October, 2011, 12:00am
 

Chinachem Group will ask UN Secretary General Ban Ki-moon, Premier Wen Jiabao and Chief Executive Donald Tsang Yam-kuen to form a supervisory body to oversee its charity foundation, in line with the will of its late billionaire boss Nina Wang Kung Yu-sum.

Group solicitor Keith Ho yesterday that the charity foundation would contact the three leaders. He refused to say what the foundation would do if the three leaders declinedThe Office of the Chief Executive said it had not been contacted by Chinachem.

This week the Court of Final Appeal handed down a written judgment, dismissing self-styled fung shui master Tony Chan Chun-chuen's application to appeal against an earlier ruling denying him probate of Wang's estate.

Questions remain over who will eventually operate the charity fund, estimated at up to HK$60 billion, with the Secretary for Justice seeking a role in determining the composition of the foundation's board.

A spokeswoman said the Secretary for Justice was the protector of charities by law and authorities were paying attention to developments and would intervene if necessary.

The Department of Justice earlier submitted a notice to the Probate Registry, saying it must be notified before a decision was made on who would administer the probate.

The judges sitting in the top court said ChanWang's real ingwashad failed to make a convincing case to be reheard.

They wrote that the top court would not interfere with the lower courts unless there was a miscarriage of justice or violation of a principle of law or procedure.

Chan's claim that he could produce fresh evidence would clearly not haveimpact, the said. Last night, Chan issued a statement slamming the court, saying that the judges failed to clear all doubts. 'Is the law fair and just without bias?' he said.

Chan has been charged with forgery and using a false instrument for the will he produced in the probate case.

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