Next Media Li Zhiying and Next Media Group Executive Director Huang Weiqiang are suspected of violating the land deed to use the land of the Tseung Kwan O Industrial Estate with a value of HK$516 million, and concealing the owner of the Hong Kong Science and Technology Park Company, so that the company related to Li Zhiying obtains rental benefits, 2 people are charged with fraud , the case continued in the District Court today (19th). Zhou Daquan, the former co-defendant who was exempted from prosecution, and the chief operating officer and chief financial officer of Next Media, continued to testify, disclosing the expenses of Lai’s private company, Ligao Consultants, including the monthly amount of money that Lai’s children could receive from the company.
Zhou Daquan said earlier that the staff responsible for the finance (Ligao) of Ligao Consulting Co., Ltd. will organize an expense report to him every month, and he will summarize several larger items and report to Li Zhiying by email , to let Li know the approximate monthly expenses. The contents of the report include Ligao’s employee compensation and office expenses, yacht expenses for Li’s use, equity investment in Taiwanese companies, expenses for Mark Simon, and Li’s expenses for renovations in foreign countries such as Paris. In addition, the statement reported by Zhou Xiangli also listed the monthly allowance of the Li family. For example, his son can receive a monthly allowance of 150,000 yuan, and the more than 110,000 cards spent by his daughter are also recommended as business expenses, etc. , and has listed millions of donations. The judge, on the other hand, insisted that the prosecution’s questions should be focused on cases related to the case, and should not be asked about private expenses unrelated to the case, saying that “everyone’s privacy is worthy of respect.”
Zhou Xu pointed out that Ligao has no personnel department, and one of its assistant managers is hired by Next Media Management Services Co., Ltd. Zhou pointed out that because Next Media Animation Co., Ltd. was later privatized by Li, the accounting work had to be transferred to Li’s private company, so he hired the assistant manager to handle the relevant matters. The assistant manager’s responsibilities also include coordinating the handling of assets under Lai’s name, such as art and wine. Later, the media reported that Apple Printing was involved in violations, and Mark Simon forwarded him an email discussing with the company’s legal counsel. The legal counsel stated in the email that Lego was not a subsidiary or related company of Apple Printing, and operated at the premises involved. , or is likely to violate the lease, it is recommended to transfer the address as soon as possible. Zhou pointed out that Huang Weiqiang then arranged to transfer the registered addresses of 30 companies including Ligao.
The defendants in this case are Lai Zhiying (74 years old) and Huang Weiqiang (60 years old), the two were charged with one count of fraud, alleging that the two together with Zhou Daquan and others, from January 2016 to May 19, 2020, to Hong Kong The Science and Technology Parks Corporation concealed the use of the premises at No. 8 Chun Ying Street, Tseung Kwan O Industrial Estate without entering into a lease; and Lai Zai alone faced one more count of fraud, accusing him and others in April 1998. From the 1st to December 31st, 2015, he used the premises involved in the case without concealing the proposal and the lease agreement.
Case number: DCCC 349/2021
