Advertisement

Police asked to probe failed ferry operator

Reading Time:2 minutes
Why you can trust SCMP
Jennifer Ngo

A Democratic Party lawmaker yesterday asked police to investigate newly bankrupt ferry company Macao Dragon for suspected fraud.

Macao Dragon was still offering tickets for sale over the counter at noon on Wednesday, just hours before the company announced it was filing for bankruptcy, according to a report to police made by legislator Fred Li Wah-ming, in a complaint supported by members of his party's consumer rights policy group.

Provisional liquidators Deloitte Touche Tohmatsu confirmed that Macao Dragon was estimated to owe creditors more than HK$10 million, including wages and compensation for 150 workers and 160,000 unused tickets.

Advertisement

Of the outstanding tickets for which Macao Dragon was unable to provide a service, 150,000 were bought through online group-buying sites Beecrazy and Groupon HK and Macao Dragon's online site. The remained were bought via other outlets, including Macao Dragon's own counters.

Beecrazy, which sold tickets until Sunday, stated that all money would be fully refunded to its customers. The cheque from Beecrazy to Macao Dragon was not cashed, according to the provisional liquidators.

Advertisement

Groupon HK also stated that all its affected customers would be fully refunded.

Advertisement
Select Voice
Choose your listening speed
Get through articles 2x faster
1.25x
250 WPM
Slow
Average
Fast
1.25x