11 May 2023
HKSAR v. HA BUT-YEE
- Citation
- [2023] HKCFI 1208
- Court
- Court of First Instance
- Case number
- HCCC290/2016
The court found on the balance of probabilities that the respondent's payments and trading gains arose 'in connection with' a continuous course of criminal conduct spanning the indictment period (16 Jan 2007 to 7 May 2008), that the proper scope for quantification is the whole course of conduct evidenced by 356 calls and related trading, and that the respondent's proceeds of crime amount to HKD125,664,254.30; accordingly the court made a confiscation order for the agreed realisable assets of HKD63,000,000, with a default custodial term prescribed.