2 Sept 2008
HKSAR v. HABIBULLAH ABDUL RAHMAN AND OTHERS
- Citation
- HKSAR v. HABIBULLAH ABDUL RAHMAN AND OTHERS
- Court
- District Court
- Case number
- DCCC980/2006
On the whole of the admissible evidence (contemporaneous bank and adviser documents, emails, meeting notes and GN's testimony), the court was sure that specific plans to inject assets existed at the relevant times and that the named defendants knew those plans and that repayment of the loan would depend substantially on the target company's cash/assets; defendants knowingly participated in agreements and acts to conceal those facts and to publish misleading statements to SEHK, SFC and shareholders, thereby forming conspiracies to defraud (Charges 1 and 2); further, two directors concurred in…