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19-06-2012 |
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A High Court judge has
rejected an application for
bail by a former chairwoman of
the Hong Kong General Chamber
of Commerce, Lily Chiang.
She's appealing against a
three-and-a-half year jail
term she was given last year
for engineering a HK$3.7 million
stocks scam.
She told staff members to trade shares and share options on her behalf in breach of listing rules and was convicted of three charges including conspiracy to defraud and authorising the issuance of a prospectus that included an untrue statement. The offences were committed in 2001 and 2002. |
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