• Sun
  • Jul 13, 2014
  • Updated: 12:22pm
NewsHong Kong

Secretary charged for lying over sale of Rafael Hui's home

PUBLISHED : Friday, 19 April, 2013, 12:00am
UPDATED : Friday, 19 April, 2013, 3:44am

The personal secretary of former Citic Pacific chairman Larry Yung Chi-kin has been charged in connection with the sale of a luxury flat which had been ex-chief secretary Rafael Hui Si-yan's home.

Agnes Tai Wai-kuen, 58, also a director and a shareholder of E-Sincere Holdings, appeared in the Eastern Court on Tuesday on three counts of wilfully making false statements in relation to the $7.6 million used to buy the flat at Leighton Hill, Happy Valley, in January 2001. The property was sold in October 2002.

The first two counts involved two occasions, on October 31 and November 16, 2011, when it was alleged that Tai lied that the $7.6 million was all from her. The third charge alleges that on December 1, 2011, she made a false statement saying her employer had nothing to do with the flat's transaction.

Based on the South China Morning Post's search of E-Sincere's company records, Tai's residential address was a luxury flat in Repulse Bay. The search revealed a Lo Yuk-ching as another shareholder. A source told the Post that Lo, who had been a Citic Pacific clerk, wore clothes from luxury brand Valentino to work.

The flat involved in the case and its adjacent unit had been the home of Hui, who is facing corruption charges.

The Independent Commission Against Corruption's case is that between 2000 and 2009, Hui received about HK$28.8 million in cash, HK$5.4 million in loans and the rent-free use of two luxury flats at Leighton Hill. In return, Hui allegedly favoured the Sun Hung Kai co-chairmen Thomas Kwok Ping-kwong and Raymond Kwok Ping-luen. The three were arrested in March last year.

Acting Principal Magistrate Bina Chainrai adjourned Tai's case to April 30. She was allowed a cash bail of $20,000.

 

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