PAM & Frank International Holdings has urged the Commercial Crime Bureau (CCB) to speed up the investigation into the $10 million blackmail case which rocked the firm in 1993 and led to an almost eight-month suspension of shares.
'We want the case to reach a conclusion fast,' a company spokesman said. 'Turnover and share trading are very thin because of the case.' He said the company had been inconvenienced because the police had kept the firm's account records between April 1 and September 30, 1992, to investigate alleged offences by chairman Frank Yeung Kai-fai under the Theft Ordinance.
The company had to go to the CCB to make photocopies when those records were needed, he said. Although the investigation had no major direct impact on the company's operations, the spokesman said, management asked for a conclusion to the investigation.
'It seems the CCB is not working hard,' he said.
A CCB spokesman said the investigation by CCB was continuing.
'We are not in an appropriate position to comment on the case,' he said.
