Canto-pop concert promoter Abba Chan Tat-chee stole millions of dollars from Hong Kong-listed China Sciences Conservational Power (CSCP) because the company chairman owed him HK$30 million, the District Court was told yesterday. Chan, known as 'Uncle Ba' in the entertainment industry, is a key prosecution witness in the trial of his three alleged co-conspirators - former CSCP chairman Hon Ming-kong, 41, financial controller Anthony Chow Ho-tung, 48, and a subsidiary's employee, Kan Lai Lai-kan, 40. On Tuesday, the three defendants denied a total of 14 charges of conspiracy to steal, conspiracy to defraud and publishing a false statement in the company's 2004 annual report. They have been charged with conspiring with Chan and others to steal about HK$14 million from the company between 2004 and 2005, and a series of cover-ups that led to further misappropriation of about HK$58 million. In September 2006, Chan pleaded guilty to six charges including theft, conspiracy to defraud, money laundering and misappropriating more than HK$25 million from the company. He is expected to be sentenced at the end of the current trial. Examined by prosecutor John Dunn yesterday, Chan told the court that he took out three separate loans in 2002-03 for a total of HK$30 million, which he then lent to Hon. He said that in 2003 he paid HK$18 million to buy a 52.8 per cent stake in CSCP. At that time, Chan said he was told the CSCP owed HK$20 million to the Bank of China, so he made a further payment, taking the total paid into the company to HK$40 million. The court heard that arrangements were made so that Chan or Hon could take money out of the company. Chan recalled that he had confronted Hon, whom he trusted as a very capable businessman, in early 2005, and told him that he needed several million dollars. 'I told Hon that he had taken a lot of money from me, but not paid it back. I told him that he was supposed to make it up to me. I said that I needed several million dollars and asked if Hon was able to give it to me,' Chan told the court. Hon had replied that he, too, needed money, Chan said, adding that they arranged for a HK$4 million bogus transaction to be paid by the company and split the money between them. The trial before Judge Stanley Chan Kwong-chi continues today.