Date
28 May 2017
No one was injured in the accident, and Eric Li Fook-chuen (inset) offered to pay for the repair of the cars (with arrows) his Audi A8 had hit. Photos: Apple Daily, Ming Pao Daily, Google Map
No one was injured in the accident, and Eric Li Fook-chuen (inset) offered to pay for the repair of the cars (with arrows) his Audi A8 had hit. Photos: Apple Daily, Ming Pao Daily, Google Map

Money is no problem, says Arthur Li uncle after car accident

A prominent businessman figured in a vehicular accident in Wan Chai, and reportedly tried to settle the matter by telling the owners of the two cars he hit that “money is no problem”.

Eric Li fook-chuen, 86, chairman and chief executive of Kowloon Dairy Ltd., was driving a luxury Audi R8 on the westbound lane of Wood Road when the incident happened around 10 a.m. Sunday, Apple Daily reported.

Li hit the door of a Nissan car parked by the roadside when it suddenly opened, then collided with an Audi Q3 after he turned his wheel.

Li is the uncle of Executive Council member Arthur Li Kwok-cheung and also a non-executive director of Bank of East Asia.

No one was injured in the collisions, although Li’s Audi A8, said to be worth around HK$2 million and the fastest model under the brand, was seriously dented with a loosened right front wheel.

Li was said to have told the Nissan owner to just proceed to a car repair shop to have his car fixed and that he would pay for the full cost.

According to the Road Traffic (Driving Licenses) Regulations that came into effect in 2008, a driver who is 70 years old or above must get a health certificate from a doctor for license renewal and the license is effective for only up to three years.

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TL/AC/CG

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