• Sat
  • Apr 19, 2014
  • Updated: 3:17pm

Akai

Scandal-hit Grande in insolvency

Grande Holdings, the Hong Kong-listed electronics company implicated in the spectacular collapse of Akai Holdings in 2000, has fallen into provisional liquidation.

Wednesday, 1 June, 2011, 12:00am

Ernst & Young pays up to settle negligence claim

The Hong Kong branch of accounting giant Ernst & Young, which in September l paid US$200 million to creditors of its collapsed former client Akai Holdings, has quietly settled another audit negligence case involving a failed local company.

27 Jan 2010 - 12:00am

Police extend Ernst & Young investigation

Police have extended an investigation into the forgery of evidence presented in court by the Hong Kong affiliate of global accounting giant Ernst & Young.

Bail for the Ernst & Young Hong Kong partner arrested in September has been extended. Police will question him again next month.

1 Nov 2009 - 12:00am

Ernst & Young's US$200m snag

The global partnership of Ernst & Young is unwilling to help its Hong Kong office fund a legal settlement of about US$200 million agreed with the liquidators of Akai Holdings, the accounting firm's bankrupt former client, according to people familiar with the firm's operations.

12 Oct 2009 - 12:00am

Police widen Ernst & Young forgery probe

Police have widened their investigation into alleged forgery of legal evidence at the local practice of accounting firm Ernst & Young.

10 Oct 2009 - 12:00am

Akai trial on hold for auditors to be quizzed Akai trial on hold for auditors to be quizzed

The US$1 billion negligence trial against Ernst & Young over its role in the collapse of former client Akai Holdings was put on hold yesterday following explosive allegations that the accounting firm faked and doctored legal evidence.

19 Sep 2009 - 12:00am

New 'bombshells' in Akai case

Evidence presented by accounting giant Ernst & Young in a negligence case is shot through with false and doctored documents, lawyers for the liquidators of electronics giant Akai Holdings, a former audit client of the firm, told the High Court yesterday.

18 Sep 2009 - 12:00am

Ex-Akai chairman opposes retrial

Lawyers for James Ting, the former Akai Holdings chairman whose conviction for false accounting was overturned last year, argued in court yesterday that prosecutors should not be allowed to rectify the 'deficiencies' of their case with a retrial of the executive.

18 Oct 2007 - 12:00am

Appeal begins in Akai chief James Ting saga

Defence claims importance of the fictitious HK$300m deal was inflated

The judge and prosecution inflated the importance Akai Holdings' fictitious HK$300 million purchase had on its share price, the defence argued in the first day of the appeal of the collapsed company's former chief James Ting.

9 Aug 2006 - 12:00am

Jury selection starts for Akai ex-chief's trial

Jury selection for the trial of former Akai Holdings boss James Ting is expected to begin at the High Court this morning, with the failed tycoon facing two false-accounting charges.

Prosecutors would then be free to open the case against Ting, who yesterday denied both charges before Madam Justice Clare-Marie Beeson, in a trial that is scheduled to run for 25 days.

11 May 2005 - 12:00am

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