Lily Chiang Lai-Lei | South China Morning Post
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  • Jan 28, 2015
  • Updated: 3:48am

Lily Chiang Lai-Lei

Lily Chiang fails in final appeal bid against conviction in HK$3 million scam

Lily Chiang says she is "completely disappointed" with Hong Kong's judicial system. Photo: Felix Wong

Businesswoman Lily Chiang Lai-lei vented her frustration yesterday after judges denied her plea to appeal to the top court against a conviction over a HK$3 million share-option scam for which she was jailed for 3-1/2 years.

Tuesday, 28 January, 2014, 8:58am 9 comments

Disgraced queen of commerce tight-lipped as she walks free on parole

Former General Chamber of Commerce chairwoman Lily Chiang leaves Lo Wu Correctional Institution on parole yesterday. Photo: K. Y. Cheng

Jailed businesswoman Lily Chiang Lai-lei yesterday walked free on parole, tight-lipped about the chances of her winning an appeal against her conviction over a HK$3 million share-option scam.

9 Mar 2013 - 5:12am

Fallen queen of commerce expected out of jail today

Lily Chiang Lai-lei

Chiang, 51, is expected to walk out of Lo Wu Correctional Institution where her husband Gino Yu will be waiting for her, said her sister, lawmaker Ann Chiang Lai-wan, vice-chairwoman of the Democratic Alliance for the Betterment and Progress of Hong Kong.

8 Mar 2013 - 5:21am

City Digest, November 24, 2012

Cost-recovery case against Egan fails

26 Feb 2013 - 5:12pm

A bad week for ...

Lily Chiang Lai-lei

24 Jun 2012 - 12:00am

The business star who fell from grace

Lily Chiang Lai-lei, now headed for jail, was once considered one of the city's most successful businesswomen.

She is the fourth daughter of industrialist Chiang Chen, who founded Chen Hsong Holdings and was known as 'King of Plastic Machines'.

10 Jun 2011 - 12:00am

Shares were worth 26 years' pay, court told

Shares in Eco-Tek that entrepreneur Lily Chiang Lai-lei gave her assistant in 2001 were equal to 26 years' salary, the District Court heard. Prosecutor Simon Westbrook SC said the shares - which were sold for HK$5 million after Eco-Tek listed - seemed 'a lot of gratitude'.

1 Apr 2011 - 12:00am

Single trial for Lily Chiang's fraud cases

Businesswoman Dr Lily Chiang Lai-lei will have both her fraud cases heard together in the District Court. Judge Albert Wong Sung-hau ruled yesterday that the two cases, with different co-defendants, should be tried together. Chiang, 49, and Tahir Hussain Shah, 45, face charges of conspiracy to defraud and making false statements over the granting of share options.

21 May 2010 - 12:00am

Businesswoman's case adjourned

Principal Magistrate Garry Tallentire adjourned criminal proceedings against businesswoman Lily Chiang Lai-lei yesterday after she applied to have her case tried by a High Court jury. Chiang, 46, will appear in Eastern Court on March 16 after a judicial review of her trial venue in the Court of First Instance in February.

4 Nov 2008 - 12:00am

Accountability? It's still a foreign concept here

So, Lily Chiang Lai-lei, the chairwoman of the Hong Kong General Chamber of Commerce, has finally decided to step aside despite previously saying that there was no need because she was innocent of fraud charges.

11 Jan 2008 - 12:00am