Sun Hung Kai sues Rafael Hui over HK$3m loan
Rafael Hui, already accused in a high-profile graft case, is sued for HK$3m in loan default
A financial company owned by Sun Hung Kai Properties is suing troubled former chief secretary Rafael Hui Si-yan for more than HK$3 million over a defaulted loan in the latest twist to one of the biggest corruption cases in Hong Kong.
The identity of the lender and the amount of the loan match the particulars of offences faced by Hui, who is jointly charged with the Kwok’s brothers of Sun Hung Kai.
The corruption case involves multiple charges against Hui, 64; Sun Hung Kai Properties co-chairmen Thomas Kwok Ping-kwong, 61, and Raymond Kwok Ping-luen, 59; and two others.
In two High Court writs which became available on Tuesday, Honour Finance is claiming HK$3.16 million from Hui as guarantor of the loan under a facility letter between Honour Finance and Top Faith Enterprises dated May 19, 2004.
They show that Hui and his wife Teresa Lo Mei-mei are the directors of Top Faith Enterprises, which is also named a defendant in the statement of claim.
Hui faces eight charges. One of the charges is misconduct in public office. It alleges that Hui, as chief secretary from June 2005 and June 2007, failed to declare or disclose provision of an unsecured loan of HK$3 million from Honour Finance Company - the claimant in the writ.
In a charge of conspiracy to commit misconduct in public office, Hui was allegedly “favourably disposed to” Sun Hung Kai or its associated companies or Raymond Kok Ping-luen in return for HK$4.125 million from Sun Hung Kai Properties through Top Faith Enterprises - owned and controlled by Hui.
Company statements show that Honour Finance is owned by Sun Hung Kai Properties and Sun Hung Kai Secretarial services. Its directors include Walter Kwok Ping-sheung and Raymond Kwok Ping-luen.
In March, former chief secretary Hui and the Kwok brothers of Sun Hung Kai Properties pleaded not guilty in the Eastern Court.
With the prosecution dropping one charge against Raymond Kwok and Hui, the Kwok brothers - who run the world’s biggest property developer by market value - no longer face any charges under the Prevention of Bribery Ordinance.
Raymond Kwok faces two charges of conspiracy to commit misconduct in public office and furnishing false information. Thomas Kwok faces two counts of conspiracy to commit misconduct in public office.
A charge of misconduct in public office has been added the charges against Hui. He is now facing eight charges.