ZKIZ Archives

Judge finds evidence of Citic fraud

1 : GS(14)@2011-03-19 13:48:15


Judge finds evidence of Citic fraud  

     Simon Lee reports

Citic Pacific loses court bid. File photo.
A High Court judge has found there's evidence that Citic Pacific could have been involved in a conspiracy to defraud. Mr Justice Alan Wright rejected a bid by the company to prevent documents seized during a fraud investigation from being used against it in future court proceedings.
The judge said in his ruling that there was an apparent case of conspiracy to defraud. He said that Citic had given up its right to claim professional privilege when it surrendered the documents to the Securities and Futures Commission. The judge ordered the documents to be sealed for two weeks to give the company time to consider an appeal against his decision.

The Department of Justice alleged during an earlier hearing that Citic directors asked for loans from banks without disclosing that the company had made huge losses in currency deriviative trading in 2008. The court heard there was 'clear evidence' of fraud.

Police seized the documents during a raid on the head office of the steelmaker and property developer in 2009. They were investigating whether Citic had made false statements or conspired to defraud in relation to unauthorized bets on the Australian dollar.
Judge finds evidence of Citic fraud
PermaLink: https://articles.zkiz.com/?id=273469

Judge questions businesswoman's evidence

1 : GS(14)@2011-06-11 14:57:59

2 : GS(14)@2011-06-11 14:58:19

http://www.rthk.org.hk/rthk/news ... 10609_55_761117.htm
法 官 稱 蔣 麗 莉 乃 串 謀 詐 騙 案 主 腦
Judge questions businesswoman's evidence
PermaLink: https://articles.zkiz.com/?id=274737

Judge gives Lily Chiang honesty slap

1 : GS(14)@2011-06-11 15:03:00

Judge gives Lily Chiang honesty slap
PermaLink: https://articles.zkiz.com/?id=274739

股票掌故 | 香港股票資訊 | 神州股票資訊 | 台股資訊 | 博客好文 | 文庫舊文 | 香港股票資訊 | 第一財經 | 微信公眾號 | Webb哥點將錄 | 港股專區 | 股海挪亞方舟 | 動漫遊戲音樂 | 好歌 | 動漫綜合 | RealBlog | 測試 | 強國 | 潮流潮物 [Fashion board] | 龍鳳大茶樓 | 文章保管庫 | 財經人物 | 智慧 | 世界之大,無奇不有 | 創業 | 股壇維基研發區 | 英文 | 財經書籍 | 期權期指輪天地 | 郊遊遠足 | 站務 | 飲食 | 國際經濟 | 上市公司新聞 | 美股專區 | 書藉及文章分享區 | 娛樂廣場 | 波馬風雲 | 政治民生區 | 財經專業機構 | 識飲色食 | 即市討論區 | 股票專業討論區 | 全球政治經濟社會區 | 建築 | I.T. | 馬後砲膠區之圖表 | 打工仔 | 蘋果專欄 | 雨傘革命 | Louis 先生投資時事分享區 | 地產 |
ZKIZ Archives @ 2019