2009年6月24日星期三

Hong Kong Feng Shui master battle for tycoon's estate

"Hong Kong Feng Shui master battle for tycoon's estate | AboutHK.Com - more information about HK"
Hong Kong Feng Shui master battle for tycoon's estateA bartender in Hong Kong Feng Shui master who says he is the only legacy of the 13-billion-dollar estate of Nina Wang testified Wednesday in a court battle over the eccentric tycoon's Fortune.

Tony Chan appeared on the witness stand more than six weeks into the trial over Wang's estate in a case that has gripped the tycoon-obsessed city.

The court will decide whether to Wang, at a given time, it was Asia's richest woman left her entire fortune to Chan, when she died of cancer in 2007 at the age of 69th

Opposing Wang Chan assertion is the Chinachem Charitable Foundation, which now from their siblings, they say, is the awarding of huge fortune Chan is a fake.

Lawrence Lok, the lawyer for Chinachem, began his cross-examination before a packed courtroom Wednesday Chan question of credibility.

He asked why biographical information about Chan for an American college fundraiser in Beijing showed he had received tertiary education in Canada, in fact, when he finished secondary school in Hong Kong, but never been to university.

The biography said Chan returned to Hong Kong in the early 1990s, about his family and wealth.

Chan told the court that the information was wrong, but that they are not by him. He said he had neither the time nor the money to overseas.

"I didn't claim myself to be anything for that function," he told the court.

Wang's younger brother Kung Yan-sum, the Court said that Wang had earlier Chan, he was a pediatrician in Canada. Gilbert Leung, another witness, and Chan's client, testified that Chan had told him that he studied medicine in Toronto.

"All these claims have a common nexus, don't they?" he asked Chan.

But Chan said he does not meet the demands.

The feng shui master, 49, told the court that since leaving school, he was a bartender, machinery salesman, a waiter in a bakery chain and a market researcher.

He built a company trading computer parts in China in the early 1980s, which are around the 1988th He remained unemployed until 1990, the court heard.

Chan, who has recommended some of his clients to burn real money instead of paper money to the deceased, in his cross-examination, that the practice is not based on a classical feng shui literature. Rather, it was the idea from his late father, a retired teacher.

Feng Shui masters, such as Chan-command huge sums for their advice and have an almost cult-like following in Hong Kong.

Chan said his affair with Wang had at the time his wife had their first child.

"(Wang) addressed me as "hubby"," he said, adding that he worked with Wang on the evening in her home.

Wang left an estate estimated in value up to 100 billion Hong Kong dollars (12.8 billion U.S.), although the exact amount remains difficult to assess.

In her last years, Wang increasingly fascinated with Feng Shui, an ancient Chinese system that claims to the use of natural energy and is widely used by Hong Kong residents.

The case has filled the front pages of the Hong Kong media for weeks, and some journalists also have queued for a place on the rostrum for the first day of the Chan's testimony.

Before her death, the pigtailed, mini-skirt-wearing mogul fought a bitter eight years court battle against her father-in-law for the estate of her late husband Teddy, who was abducted for the second time in 1990.

His body was never found and it is legally declared dead nine years after his disappearance.

During the struggle to maintain control of the estate that mirror the current battle, Wang was accused of forging her husband's will. She won.

After his disappearance, Teddy Wang had the company Chinachem into a real-estate empire with more than 200 office towers and 400 companies around the world.

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