A JUDGE yesterday refused to lift travelling restrictions imposed on a man who is charged in connection with a $5 million fraud.
Mr Justice Duffy had earlier transferred the trial of Robert Flickinger, 49, ex-director of a currency broking firm, from the High Court to the District Court.
Yesterday, Flickinger indicated through his counsel Mr Robert Buchanan that he would plead not guilty to conspiracy to defraud.
Flickinger is accused of conspiring between March and August 1987 with David Edwards and Patrick Yip Shing-loong to defraud customers of Currency Brokers (HK) Ltd. Money was paid into the company to buy currency contracts or precious metals, and for insurance against losses on the contracts, it was alleged.
Judge Chan said the trial would be heard before Judge Britton on March 29.
But Judge Chan refused Mr Buchanan's application to lift the travelling restriction imposed on Flickinger, who was granted bail by the High Court on January 21.
Mr Buchanan submitted that his client had no means of support, no right to work and no income in Hongkong.