Nina Wang estate tangles with another feng shui master, this time over fake relics in HK$402m loss
Filing names feng shui master among others for HK$402 million loss
The administrators of the late Nina Wang Kung Yu-sum's HK$83 billion estate are suing a feng shui master, two other men and a company for HK$402 million for selling her fake relics 10 years ago, according to a legal document filed yesterday with the High Court.
The document said the administrators were asking for recovery of the money paid on Wang's behalf between 2004 and 2006 for the purchase of the so-called relics, which, after examination by the administrators, were confirmed to be bogus.
The payments were received by feng shui master Liu Jiantang, Zheng Guiyao and Huang Zejun under a contract dated November 15, 2004, between Wang as purchaser and the company Source Achieve as seller, and another contract dated January 22, 2005, between Wang as purchaser and Liu as seller.
The document said the plaintiffs sought to declare Zheng and Huang "liable to compensate the plaintiffs for the loss they have incurred in connection with the sales and purchase of the [ancient Chinese vessels] and other relics between 2004 and 2006" arising from the contracts.
In Wang's probate hearing in 2009, Liu's name was mentioned at the Court of First Instance by Wang's long-time personal secretary, Dinly Au Yin-ling.
At the time, the court heard that Liu bought the vessels, known as dings, with some of the HK$312 million that Wang paid for his services.