Appeal in Nina Wang estate dispute denied

‘Repent and be saved,’ say victors
Colleen Lee
February 15, 2011
The Standard
http://www.thestandard.com.hk/news_detail.asp?we_cat=11&art_id=108103&sid=31299127&con_type=3&d_str=20110215&fc=1

A jubilant Chinachem Charitable Foundation chairman Kung Yan-sum yesterday called on “greedy” opponent Tony Chan to repent and be saved.

Speaking about 1 hours after judges rejected Chan’s appeal over Nina Wang’s estate, Kung – the late Chinachem tycoon’s younger brother – told a room packed with journalists that the ruling shows there is justice in heaven and on Earth.

Asked if he had a message for Chan, Kung said: “Turn back and the shore is at hand” – a Chinese proverb that means to repent and be saved.

Wearing a broad smile, Kung walked into the room in Nina Tower, Tsuen Wan, and greeted those inside with: “Happy Lunar New Year. Happy Lunar New Year. Are you happy? Any unhappiness? No? Very happy.”

Like in a press conference last February shortly after the Court of First Instance ruled that Chan’s purported 2006 will was a forgery, Kung pointed to Chinese calligraphy artwork on a wall on the spacious 37th floor of the tower, which reads: “There is justice in heaven and Earth.”

Kung said: “The Hong Kong court has, for the second time, proved that there is justice in heaven and on Earth.”

Asked if he wanted to sit, Kung said: “I am so excited that my feelings cannot be described in words. A journalist [earlier] asked about my views and feelings. It is simple. If you do something just, you will never be defeated.

“If you do something for the community and charity, you will never be defeated. What he [Chan] did is against the public interest.”

Kung, who was accompanied by his sisters Kung Yan-sum and Molly Kung Chung-sum, added: “Right from the start, what he did was absurd and unnecessary. This case should not have surfaced.

“We read this [the plaque of calligraphy] and we know this now and we are very, very happy.”

Also present were his family members and Chinachem Group executives. He said they would dine together to celebrate.

Asked if he is confident the foundation will win should the case go to the highest court, Kung said: “It is unnecessary to ask this question.

“You ask yourself. I am asking if you are confident that we will win if the case goes to the Court of Final Appeal. Say it out loud to me.

“Are you confident? Supposing you were not journalists, or you may be considered as unfair.” He then laughed.

Kung also disclosed that the foundation is considering replacing the current estate administrators, two accountants of Deloitte Touche Tohmatsu.

But he added that it will hinge on court orders.

Kung confirmed the administrators had earlier turned down a request by the foundation to use a portion of Wang’s estate for charity purposes.

He said there is a cap on the amount for charity projects, but he refused to disclose the limit.

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