Court extends order against college finance chief in HK$25m embezzlement case

A Hong Kong court has extended an injunction restraining the finance chief of a private college, his wife and two other defendants from handling more than HK$25 million in allegedly misappropriated funds. The High Court on Friday also ordered the four defendants to disclose to Hong Kong Chu Hai College all of their assets worth HK$50,000 or more within 21 days, to help the plaintiff assess which items could be linked to the case. Finance director Ray Yip Kam-chun appeared in court for the fir...

By Brian Wong