Hong Kong college sues finance head, director and firm over alleged HK$25m fraud
Hong Kong Chu Hai College has filed a lawsuit alleging that its finance head, along with a director and a company, misappropriated over HK$25 million. The college claims the funds were disguised as academic and administrative expenses. The finance head allegedly received more than HK$17.3 million, while the other defendants received over HK$7.7 million. AI