A top official of the influential Heung Yee Kuk has failed to repay a $600,000 loan, which with interest now tops $1 million, a High Court writ claims. Kuk vice-chairman Daniel Lam Wai-keung is alleged to have taken out the loan from High Wood Investments Ltd, which is named as plaintiff in the writ. Mr Lam is a Justice of the Peace and chairman of the Islands District Board. The writ says that in November 1994 Mr Lam - a losing candidate in last year's Legco elections - agreed to pay back $600,000 on November 31 a year later. High Wood Investments claim a deal was struck in which Mr Lam would pay 12 per cent interest per annum, payable in arrears every three months. It says a cheque for the amount was paid to Mr Lam on November 28, 1994. The writ claims despite repeated requests for payment, Mr Lam failed to repay the sum on the agreed date. Interest calculated until January 31 this year took the total to $982,080. High Wood is also claiming interest on the $982,080 plus 'other relief' and costs which would take the alleged amount owed to more than one million dollars.