A trainee assistant to a cosmetics chain boss took $25 million of his money, a court heard yesterday.
Pauline Ang Su-wen had just passed probation at Sa Sa International when she stashed the money belonging to Simon Kwok Siu-ming in a Swiss bank and fled with her fiance, it was alleged.
The couple, missing since the incident in July last year, were last reported to be in Singapore, the Court of First Instance was told.
The US$3.2 million was transferred from Mr Kwok's personal account into a Rothschild Bank account in Zurich held by a company, Alidex, controlled by Ang's fiance, Ian Huang Yuan-yuan, it was alleged.
Ang got her boss to sign the papers 'by way of misrepresentation', counsel for Mr Kwok, Alan Leong, said.
The chairman found out about the transfer 11 days later and told Hongkong Bank and the police. Criminal proceedings began in Hong Kong and Zurich but, by the time the account was frozen, US$300,000 was gone.