Hong Kong court extends bankruptcy of man who forged Nina Wang’s will by 4 years
High Court cites Peter Chan Chun-chuen’s failure to repay debt to tycoon’s estate and suspends his discharge from a 2021 bankruptcy order
A Hong Kong court has extended convicted forger Peter Chan Chun-chuen’s bankruptcy by four years, citing his failure to settle debts owed to the estate of the late tycoon Nina Wang Kung Yu-sum since losing a high-profile lawsuit over her billion-dollar assets 15 years ago.
EY, formerly Ernst & Young, applied in July to extend the bankruptcy order against the 65-year-old former feng shui master, citing his “unsatisfactory and uncooperative conduct” throughout the four-year period.
The firm said Chan, who claimed to be Wang’s lover, failed to respond to requests and inquiries made by the official receiver and the company.
The court heard Chan also failed to disclose his financial information, submit any annual statements of earnings, or make any attempt to pay the HK$28.4 million in legal fees he owed to the Chinachem Charitable Foundation.
Master Jack Wong Kin-tong granted the company’s request after Chan, who was absent from the hearing, made no opposition to the intended order.