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Elsie Chan must something of the most adorable ever put in front of a camera. Anyone know why she quit? Did she get married or something and decided that she no longer would like to act?
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Che Man-Kei
Yip Gaai
Anyone know why she quit?
Former Miss Asia Swindles Agricultural Bank
2006-08-18 09:01:24
(former Miss Asia Elsie Chan Yik-si. Photo: chinanews.com.cn)
Hong Kong media sources have reported that former Miss Asia Elsie Chan Yik-si and her former boyfriend swindled 350 million yuan, or about 44 million US dollars, from the Agricultural Bank of China in the 1990s.
Elsie Chan Yik-si and her former boyfriend first concealed their purchase, at a price of 150 million yuan, of a natural reserve that couldn’t be used for development purposes. Then, the couple sold it for 510 million yuan to their business partner, the Hong Kong branch of the Agricultural Bank, by convincing the bank the land had development potential.
The Supreme Court of Hong Kong ruled that, in addition to the bank's direct economic losses, amounting to around 350 million yuan, Elsie Chan Yik-si must pay a great deal of interest compiled on the dishonest transaction. The former Miss Asia has been ordered to pay a total of 770 million yuan to the Agricultural Bank of China.
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