Estate of late 'king of fruits' tycoon sued for HK$18.8 million
Two months after he died in a bloody murder-suicide, the estate of "King of Fruits" Peng Chi-hui is being sued for HK$18.8 million in loan repayments.
Two months after he died in a bloody murder-suicide, the estate of "King of Fruits" Peng Chi-hui is being sued for HK$18.8 million in loan repayments.
A High Court writ filed by Anthony Ip Ka-tsun, naming "the personal representatives of Peng Chi-hui, deceased", alleges that two cheques, for HK$5 million and HK$13.8 million, bounced when they were presented after Peng's death.
Ip is also claiming interest.
According to the writ, Peng, a Nanhai district member of the Chinese People's Political Consultative Conference in Foshan, drew cheques dated January 5, 2013, and March 6, 2013, respectively, for the two sums in favour of Ip.
On April 5, the cheques, drawn from Chiyu Banking Corporation and the Hongkong and Shanghai Banking Corporation, were dishonoured upon presentation by Ip.
Peng was, on March 17, allegedly hacked to death by his lover Wong Suk-kan in their HK$150 million Tsim Sha Tsui flat over his affair with another woman.