7 Sept 2005
THE OFFICIAL RECEIVER v. SIT JOHNNY (FORMERLY SIT CHING)
- Citation
- THE OFFICIAL RECEIVER v. SIT JOHNNY (FORMERLY SIT CHING)
- Court
- Court of First Instance
- Case number
- HCMP177/2003
The respondent's unauthorised use of company funds (US$250,000) and failure to account for substantial transfers (US$4,000,000 converted to RMB with large unexplained sums), combined with convictions for failing to keep proper books, failure to file statutory returns and failure to deliver a statement of affairs, established that he was unfit under s168H when assessed against the matters in the 15th Schedule; because the respondent and his witnesses did not attend for cross-examination their affirmations were excluded, leaving the Official Receiver's evidence uncontradicted and mandating a di…