Appointed Liquidators to an international consumer electronics products manufacturer with listed groups in Hong Kong, Japan, United States and PRC – it is one of the largest corporate collapses in Hong Kong.
As Liquidators, undertook substantial international investigations into a series of unauthorised transactions perpetrated by the chief executive. Investigations included:
- Funds flow tracing exercise from over 12 jurisdictions and investigation into over 500
transactions which uncovered dissipation of funds totaling USD800 million
- Reconstruction and analysis of accounting records and quantifying losses
- Analysis of the structures of over 200 subsidiaries incorporated in various jurisdictions,
including identification of shadow directorships and hidden shareholdings.