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Traditional ChineseSimplified ChineseText onlyPDARSS
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February 24, 2006
Courts
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Charges revised for TSL executives
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ICAC

Four executives associated with Tse Sui Luen Jewellery, charged for graft and tax fraud, have faced 21 revised charges in Eastern Magistracy.

 

The defendants are former TSL chairman Tse Sui-luen, TSL chairman Tommy Tse, TSL deputy chairman Chung Yuen-ling, and TSL deputy chairman Peter Van Weerdenburg. No pleas were taken. Magistrate Ian Candy adjourned the case to April 24 for mention, and granted the defendants up to $200,000 bail.

 

Two of the charges allege the four conspired with others to offer commissions to travel agents arranging for tour groups to patronise TSL showrooms. They also faced two other charges of conspiring with others to defraud the Inland Revenue Department on commission payments made to overseas companies and entertainment expenses.

 

The four face a total of six similar offences alternative to the above corruption and fraud charges. Tse Sui-luen alone faces one count of allegedly conspiring with others to defraud the department in relation to payments made to certain TSL staff as promotion commission.

 

Tommy Tse and Van Weerdenburg were charged with three similar offences of conspiracy to offer advantages to agents, and four of conspiracy to defraud. Tse Sui-luen, Tommy Tse and Chung faced a joint charge of allegedly conspiring with others to steal $500,000 belonging to TSL.

 

Tommy Tse alone faces a similar offence of conspiracy to steal $882,000 belonging to TSL, while he and Chung face another of alleged conspiracy to steal $1.8 million belonging to TSL.

 

The alleged offences occurred between August 1996 and last April.



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