Former Tomson Pacific executive chairman David Tong Cun-lin was forced to rely on 'underground money houses' in Taiwan to remit cash to his Hong Kong firms, a jury heard yesterday. The conspiracy suspect hit a losing streak on arrival in Hong Kong in 1988 and 'lost a lot of money'. A US$5 million limit on cash being remitted from Taiwan forced Tong underground, the Court of First Instance heard. He sought out money houses willing to transfer money on his behalf from his Taiwanese companies to one in Hong Kong, namely David Tong Co. Transcripts of an interview with Tong conducted by John Lees and John Griffiths, QC, were read out in court yesterday, and focused on the funding of a Tomson Pacific share deal. The transcripts formed part of an inquiry into the alleged wrongdoing surrounding Tomson Pacific's takeover of the World Trade Centre Group in 1990. Tong was asked where the money came from to lend to Rivera Holdings to help associate Tomson Pacific buy shares in Bond Corp International (later named World Trade Centre Group). At the time he was a director of Rivera Holdings. 'There was only one source of my money,' Tong said. 'Since I hadn't made any money in Hong Kong, there's only one source - it's the money remitted from Taiwan.' Tong said companies such as Rivera were constantly looking for loans from him. Tong has denied conspiring to defraud the Securities and Futures Commission and the takeovers committee over the Tomson Pacific takeover of Bond Corp International. He also denies offering a $26.4 million kickback. Tong is on trial with former Chin Tung Holdings stockbroker Arthur Lai Cheuk-kwan, his brother Raymond Lai Chik-fan, Peter Mou Chi-luen and former movie actress Jade Hsu Jye. The trial, before Mr Justice Brian Keith, continues.