5 Jun 2014
HKSAR v. TSANG WAI LUN WAYLAND AND ANOTHER
- Citation
- HKSAR v. TSANG WAI LUN WAYLAND AND ANOTHER
- Court
- Court of Final Appeal
- Case number
- FACC6/2013
The phrase "proceeds of an indictable offence" in s25(1) OSCO is confined to money or property that constitutes a benefit derived from the commission of the predicate offence; s2(6)(a) does not extend that phrase to cover clean funds merely used as instruments to further a crime; accordingly the prosecution failed to prove the essential "proceeds" element for Charge 4 and the convictions under that charge were quashed.