BEA wins bankruptcy order against ex-chief secretary Rafael Hui
Hui, 65, allegedly owes Bank of East Asia HK$60 million. The bank had filed a lawsuit claiming unpaid debts from Hui in April.
The lawyer representing the lender said Hui did not respond to the the bank nor did he has submitted any payment as of yesterday.
BEA asked Hui to pay all money due under two overdraft facilities and two credit cards the bank had provided.
Hui is also facing at least three more lawsuits filed by three different creditors seeking loan repayment.
On August 29, Standard Chartered Bank sued him for unpaid debts amounting to HK$1.2 million.
Earlier, Honour Finance -- owned by Sun Hung Kai Properties -- filed a suit against Hui over a loan of HK$3.16 million made to a company in which Hui acted as guarantor.
Chong Hing Bank also claimed that Hui owes it HK$9.8 million.
This brings to about HK$74 million that Hui allegedly owes banks and other financial institutions.
Hui is facing eight charges, including misconduct in public office and conspiracy to commit misconduct in public office, while Sun Hung Kai Properties' Kwok brothers -- Thomas Kwok Ping-kwong and Raymond Kwok Ping-luen -- face similar charges. --The Standard