Three mainland businessmen — Dai Linyi, Li Shanrong, and Lian Chunren — were on Thursday found guilty by the District Court of Hong Kong for using 32 false financial documents, involving a combined face value of HK$90 billion (US$11.61 billion), in a case related to the failed Hong Kong Mercantile Exchange (HKMEx), Sing Tao Daily reported Friday.
One of the false documents, a proof of promissory note of HK$250 million, was addressed last May to Barry Cheung, chairman of the collapsed HKMEx, the report cited a source as saying. Cheung, a former member of Hong Kong’s Executive Council, has been linked with the case.
Dai Linyi was understood to have issued a promissory note of the same amount to the HKMEx last April. That promissory note was once taken to the Securities & Futures Commission of Hong Kong by the HKMEx as proof of sufficient operating funds. It is now said to have been handed over to the Hong Kong Police’s commercial crime bureau for further investigations.
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