Friday, May 22, 2015

Charity loses courtroom bid for Nina Wang's $14 billion fortune, AsiaOne Asia News

Charity loses courtroom bid for Nina Wang's $14 billion fortune, AsiaOne Asia News: "Hong Kong's highest court has ruled that a charity entrusted with the late property tycoon Nina Wang's multibillion-dollar estate will have to follow her will to the letter.

The Chinachem Charitable Foundation saw its final attempt to exercise greater control over Wang's HK$82 billion (S$14 billion) fortune quashed by the Court of Final Appeal on Monday.

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