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Mother praises accused's role at CA Pacific

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Jane Moir

The family saga of collapsed brokerage CA Pacific Group yesterday intensified as the mother of Jason Wong But-sit told a jury how her son had elevated the company to new heights.

Edna Chu King-yee, also known as Edna Wong, hailed her son's leadership as the reason behind the group's success in rising up the stock exchange ranks from 600-odd to ninth.

'All this was a result of his efforts . . . so he had been doing very well,' she said.

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Jason Wong is on trial at the Court of First Instance for allegedly stealing $248 million from CA Pacific Finance.

His elder brother, Capital Asia boss Alex Wong Ching-ping, informed Commercial Crime officers last January after Jason Wong allegedly took CA Pacific Finance money to fund the $1.24 billion purchase of Central's Century Square.

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Mrs Wong has been in semi-retirement since handing over the reins of the company to her sons over the past four to six years, the court heard, although she remained a director.

She confirmed that Jason and Alex Wong did not always see eye to eye and that there were disputes between them.

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