-FEB-1993
16:27
LEGAL-PROSECUTIONS VE
2.
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law applied by the courts follow closely those
developed over many years not unly by the courts of
criminal jurisdiction in England and Wales but by theco
in many other Common Law jurisdictions as well.
Indeed, such was the faith of the community and that of
the British Government in the legal system operated
within the Territory that its future application is
preserved by the Joint Declaration between the
governments of the United Kingdom and the People's
Republic of China for a period of fifty years beyond
the transfer of sovereignty to China in 1997.
B.
THE ALLEGED FACTS GIVING RISE TO THIS PROSECUTION
Saniman was at all material times a senior
executive in the employ of Bank Bumiputra Malaysia
Berhad, a Malaysian state bank. This bank traded in
Hong Kong as a deposit taking company under the name
Bumiputra Malaysia Finance Limited ("BMFL"). As a de
facto director, Saniman played a significant part in
its operations. Between December 1979 and March 1983
very substantial advances were made by "BMFL" in Hong
Kong to companies controlled by one Geviye Tan. It is
the Crown's case that, of these, advances totalling
approximately US$800 million were made fraudulently.
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