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  1. Issues for Beijing offered in Congo case

    Posted Mar 24th 2011, 12:00am by Staff Reporter

    ... such as trade, it 'does not confer the status of state'. Yesterday was the third day of the case between US vulture fund FG Hemisphere Associates, the Democratic Republic of Congo and China Railway Group. Vulture funds buy up a poor nation's debt at knockdown prices and seek the full amount in court. The case concerns a debt of over US$100 million owed to FG by Congo in assets ...

  2. Basic Law still decides Hong Kong immunity, Congo debt hearing told

    Posted Mar 29th 2011, 12:00am by Staff Reporter

    ... are the Democratic Republic of Congo, which owes FG over US$100 million, and China Railway Group, which currently holds that sum. The secretary for justice has intervened in the case, in the public interest. ... 'restrictive' immunity, under which commercial deals can be prosecuted. He cited a landmark 1983 House of Lords case which established the practice in English law. But Barrie Barlow, SC for Congo, said ...

  3. Congo case should go to Beijing, court hears

    Posted Mar 22nd 2011, 12:00am by Toh Han Shih

    ... Toh Han Shih A lawsuit filed by a US vulture fund against the Democratic Republic of Congo and Chinese state-owned firms should be referred to the National People's Congress because ... Barlow, senior counsel for Congo, said. FG Hemisphere Associates is seeking US$104 million of debt from Congo and the China Railway Group, a state-owned firm listed in Hong Kong and Shanghai, ...

  4. Congo debt case seen as litmus test for judiciary

    Posted Mar 21st 2011, 12:00am by Staff Reporter

    ... Republic of Congo as part of debts first incurred more than 20 years ago. FG is a so-called vulture fund that, according to the March issue of Hong Kong Lawyer, 'specialises in purchasing ... Chris Ip An obscure money dispute between Congo, a US-based investment fund and a mainland state-owned company that starts its hearing in the Court of Final Appeal today may redefine ...

  5. HK woman dies after fall into African volcano

    Posted Jul 08th 2007, 12:00am by Liz Heron

    ... in the Democratic Republic of Congo since 2pm on Friday. She had climbed the 3,500-metre volcano in the remote Virunga National Park accompanied by park guards and was taking photographs of the crater when she fell, a spokesman for the UN Mission in the Democratic Republic of Congo said. Kemal Saiki, media relations director for the UN mission, said members of a rescue team reached her ...

  6. HK woman given life for swindling tycoon

    Posted Jan 25th 2008, 12:00am by Fox Yi Hu

    ... resident born on the mainland, holds a Portuguese and a Democratic Republic of Congo passport. She had been fighting a number of legal battles in Hong Kong and had spent about 3 million yuan ... but lived for long periods in Hong Kong and the Democratic Republic of Congo. She has claimed to be the god-daughter of a People's Liberation Army general and says she was married to an adviser ...

  7. Highest court seeks ruling from Beijing

    Posted Jun 09th 2011, 12:00am

    ... than US$100 million in debts owed by the Democratic Republic of Congo won't need to be paid back - a precedent that could affect more companies doing business here. 'Historically, ... an explanation of the city's state immunity policy. The questions are part of the judgment of the so-called Congo case handed down yesterday. Since the 1997 handover, the Hong Kong government has ...

  8. Open to abuse

    Posted Aug 02nd 2011, 12:00am

    ... not obvious, as the case involved an American vulture fund suing the Democratic Republic of Congo to collect a sovereign debt. Legally, however, the case governs all claims of immunity made in Hong ... is but a letter shy of the word 'impunity'. The idea of Hong Kong harbouring past and present leaders wanted for international crimes is by no means fanciful. Less than a month after the Congo ...

  9. Medic gives needy gift of sight on Congo trip

    Posted Jan 22nd 2012, 12:00am

    ... of people. Dr Joyce Samoutou-Wong, 35, and her husband, eye surgeon Henri Samoutou, 38, will leave their home in the Britain to create the first eye centre offering surgery in the Republic of Congo, after hearing from a missionary doctor about the country's overwhelming need. 'Our hearts are always for Africa,' she said. 'We found out that Congo had never had an eye ...

  10. Immunity law up to Beijing, court told

    Posted Mar 23rd 2011, 12:00am by Staff Reporter

    ... the Democratic Republic of Congo and China Railway Group over more than US$100 million owed to FG by Congo in assets currently held in Hong Kong by China Railway Group. Vulture funds buy up a poor ... he said. Lawyers for appellants China Railway Group and Congo have said that because the issue of immunity constitutes foreign affairs, Hong Kong and Beijing's positions should ...




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