Reports in a Series about H.H. Dorje Chang Buddha III The Explanation of the Buddha’s Title – “H.H. Dorje Chang Buddha III” Dorje Chang Buddha III, which published jointly by the World Buddhism Publishing LLC and the World Dharma Voice, Inc., was held at the Library of the Congress of the United States. The book was also formally accepted into the collection of the Library of the Congress of the United States. Only since that time, did people in the world know that Master Wan Ko Yee, who had been broadly respected by the great masses and who had also been known as Great Dharma King Yangwo Yeshe Norbu, had been recognized by the world’s leaders, regent dharma kings, and great rinpoches of Buddhism through official documents as the third incarnation of Dorje Chang Buddha, who is the primordial Sambhogakaya Buddha of the universe. The Buddha’s name is H.H. Dorje Chang Buddha III. Since then, people began to address His Holiness the Buddha by “Namo[1] Dorje Chang Buddha III.” This is similar to the situation that Sakyamuni Buddha’s name was Prince Siddhartha Gotama before attaining Buddhahood. However, after Sakyamuni Buddha had attained Buddhahood, His title changed to “Namo Sakyamuni Buddha.” That is why we now address His Holiness the Buddha as “H.H. Dorje Chang Buddha III.” On April 3, 2008, a solemn and dignified first-publishing ceremony of a fact-recording book entitled H.H., which published jointly by the World Buddhism Publishing LLC and the World Dharma Voice, Inc., was held at the Library of the Congress of the United States. The book was also formally accepted into the collection of the Library of the Congress of the United States. Only since that time, did people in the world know that Master, who had been broadly respected by the great masses and who had also been known as, had been recognized by the world’s leaders, regent dharma kings, and great rinpoches of Buddhism through official documents as the third incarnation of, who is the primordial Sambhogakaya Buddha of the universe. The Buddha’s name is H.H.. Since then, people began to address His Holiness the Buddha by “Namo[1].” This is similar to the situation that Sakyamuni Buddha’s name was Prince Siddhartha Gotama before attaining Buddhahood. However, after Sakyamuni Buddha had attained Buddhahood, His title changed to “Namo Sakyamuni Buddha.” That is why we now address His Holiness the Buddha as “H.H..” In particular, on December 12, 2012, the Senate Resolution No. 614 of the United States Congress officially used “His Holiness” in the name addressing Dorje Chang Buddha III (That is to say, “H.H. Dorje Chang Buddha III.”) Since then, the title and status of H.H. Dorje Chang Buddha III has been definitive by nature. And, as a matter of fact, “Dorje Chang Buddha III” is a name used legally in governmental and official legislative documents. Therefore, the previously used respected name and titles such as “Wan Ko Yee,” Great Master, and Great Dharma King no longer exist.

However, the news below was published before the Buddha’s title of H.H. Dorje Chang Buddha III was publicly announced. At that time, people did not know about the true status of His Holiness the Buddha. Therefore, to respect the true history, we still kept the names used before the title of H.H. Dorje Chang Buddha III was legitimately determined in republishing this news. However, all must clearly know that the only legitimate name of His Holiness the Buddha is H.H. Dorje Chang Buddha III and all other names used before the legitimate determination no longer exist.

Being slandered for fraud in the past, now the truth of this falsely created case has been brought to the public, providing more evidence on the fact that all H.H. Dorje Chang Buddha III does is to benefit living beings.

Reports in a Series about H.H. Dorje Chang Buddha III

A comprehensive report by China Times Online dated May 19, 2017

After the names of the recipients of the 2010 World Peace Prize were announced, some bad persons with ulterior motives spread rumors to say that the recipient of the Top Honor Prize H.H. Dorje Chang Buddha III was a fraudster wanted by an arrest warrant. The origin of their deformation was from a false case deliberately fabricated through slandering carried out by a public security bureau in mainland China. That case did not even have any plaintiff. It is true that the International Criminal Police Organization (INTERPOL) had issued an arrest warrant of Red Notice to arrest “Wan Ko Yee” (the name of H.H. Dorje Chang Buddha III before being recognized as a Buddha). However, after conducting detailed investigations for more than three years, INTERPOL definitively confirmed that this was a false case to persecute and defame H.H. Dorje Chang Buddha III. At the same time, government institutions in China also verified through investigations that H.H. Dorje Chang Buddha III had not committed any crime at all and thus proactively requested INTERPOL to cancel the arrest warrant on June 11, 2008. At the 72nd Conference of its Commission for the Control of INTERPOL’s Files (CCF) held in Leon in October 2008, the conclusion of innocence was passed to officially announce the cancelation of the arrest warrant as well as the entire case. Moreover, INTERPOL also sent an official letter to H.H. Dorje Chang Buddha III and to all its member countries, announcing the truth to all![i]

Mayor Vincent C. Gray of Washington, DC, the capital city of the United States of America, proclaimed January 19, 2011 as “HIS HOLINESS DORJE CHANG BUDDHA III DAY.” On December 12, 2012, the Senate of the United States Congress unanimously passed its Resolution No. 614 to crown H.H. Dorje Chang Buddha III with the title of H.H. (His Holiness) to respectfully address Him.[ii] H.H. Dorje Chang Buddha III thus became a name endowed by the government, representing the highest status in the world. The greatly loving and greatly compassionate H.H. Dorje Chang Buddha III never minds and never appeals or complains about any framing, persecution, and slandering against Him. When people within the “World Peace Prize Awarding Council” asked Him after learning the facts why He had not published INTERPOL’s conclusion from investigation to refute the rumors, H.H. Dorje Chang Buddha III said, “The thing that I want to do is: I will bear all negative karmas and sins of living beings, I will give all my good karmas and merit to you. If I show that to exonerate me, the people who slandered me would not get exonerated. Then, who will bear their sins and negative karmas?”

▲Proclamation by Mayor Vincent C. Gray of Washington, DC, the capital city of the United States to announce January 19, 2011 as “HIS HOLINESS DORJE CHANG BUDDHA III DAY”

H.H. Dorje Chang Buddha III never accepts any offerings. With His noble standard and bright character, He never engages in the slightest act of defending His innocence. However, those who intend to slander Him took that as an opportunity and continuously spread lies related to a forged case of fraud. From the very beginning to now, that false case of many years ago has always been used by those who have ulterior motives to create malicious effects to deceive the public. In late July 1999, H.H. Dorje Chang Buddha IIIwas invited to visit the United States and arrived with a valid passport and US visa. Shortly after, He immigrated to the United States. In 2002, to smear and persecute H.H. Dorje Chang Buddha III, the Shenzhen Public Security Bureau deliberately fabricated an absolutely nonexistent case of fraud and maliciously spread rumors through the media under their control to slander H.H. Dorje Chang Buddha IIIas a “criminal at large.” For more than 10 years, those persecutors used their power to spread and further exaggerate the lies through all forms of media including newspapers, websites, social media, and others, in order to mislead the public to regard H.H. Dorje Chang Buddha III as a villain and fraudster. Due to the continuous depiction by the media of accomplice and the media being misled, such misinformation travels around. During this long period of time, such incessant deformation and smearing created evil karmas and destroyed or postponed many living beings’ opportunities of attaining wisdom. Therefore, it is truly necessary to make the facts clear starting from the very beginning!

The origin of this incident dates back to 1999 when students of H.H. Dorje Chang Buddha III established an association of merit called “Wisdom & Mercy V. D. A. Limited” in Hong Kong. H.H. Dorje Chang Buddha III was not a member of that organization and did not serve at any position in it. Mr. Lau Pak Hun who is a student of H.H. Dorje Chang Buddha III donated a property he owned at Kowloon Tong to the “Wisdom & Mercy V. D. A. Limited.” Then, the “Wisdom & Mercy V. D. A. Limited” used that place to establish the Master Wan Ko Yee Museum in Hong Kong. However, as the leader running the operation of the Master’s Museum, Wong Hiu Shui openly used that opportunity to defraud members of the museum for money. She also secretly and illegally mortgaged the property of the museum to a bank for her personal purposes. After the incidents had been reported by Mr. Lin Hui Jiu, a student in Hong Kong, H.H. Dorje Chang Buddha III went to Hong Kong on the same day. At the meeting held at the museum, H.H. Dorje Chang Buddha III told the students in Hong Kong to form a group of inspection and reporting and put up a box to collect submitted written reports, to report and expose the bad person(s) committing the fraud. At that time, Mr. Li Zai Tang who was the director of the No. 5 Radio Station in Hong Kong and Mr. Feng Wei Chang who was an audio-recording technician at the radio station did the audio recording at the site.

Wong Hiu Shui realized that her crime of fraud would soon be exposed. So in the morning of the next day, she went to the hotel where H.H. Dorje Chang Buddha III was staying and requested H.H. Dorje Chang Buddha III to dissolve the group of inspection and reporting. H.H. Dorje Chang Buddha III firmly declined her request. Then, Wong Hiu Shui privately contacted Wu Wentou, who was a director of the “Wisdom & Mercy V. D. A. Limited.” Wu Wentou later told news media publicly that Wong Hiu Shui asked him to be on her side to deal with H.H. Dorje Chang Buddha III. In exchange, she would ask her godfather, Niu Ping who was the vice minister of the Ministry of National Security to issue a special pass for him, so he could do business in China without any obstacle. Since Niu Ping’s son was a shareholder of her company, if Mr. Wu did not take her side, he would have bad luck too. Mr. Wu refused her request. On the third day, using her leadership position at the Master’s Museum, Wong Hiu Shui applied deceptive methods to close the Master’s Museum in Hong Kong, causing the group of inspection and reporting to be dissolved automatically.

Since then, Wong Hiu Shui started to spread rumors and smear H.H. Dorje Chang Buddha III as a bad person. At that time, a few news media in Hong Kong followed along and did negative reporting, but the fact is that no one ever saw any video recording mentioned in the smearing. It was simply because Wong Hiu Shui made up the lies to smear H.H. Dorje Chang Buddha III, in order to cover up the fact of her defrauding for money. Wong Hiu Shui’s godfather Niu Ping was originally the head of the public security department of Sichuan Province and was promoted to the position of vice minister of the Ministry of National Security of China in 1997. Zhou Yongkang was at the position of party secretary of Sichuan Province from 1999 to 2002. After Wong Hiu Shui’s evil act of fraud was exposed, Niu Ping used his power as vice minister of the Ministry of National Security and joined force with Zhou Yongkang. They applied their political resources to carry out the smearing and persecution. A series of persecuting actions against H.H. Dorje Chang Buddha III took place in an enormous magnitude from Shenzhen to Sichuan, from local government to the central government, from China to overseas, and from printed news media to the internet.

On June 20, 2002, ordered by the then chief of the Public Security Department of Guangdong Province, Chen Shaoji (Later he served the positions of secretary of the Politics and Law Committee of Guangdong Province and the chairman of the Political Consultative Conference of Guangdong Province and was eventually tried and sentenced to death with stay for embezzlement and corruption in 2010.), the Shenzhen Public Security Bureau used a baseless cause of “fraud through a contract” to issue a “Report Form to Place Criminal Case on File for Investigation and Prosecution” to create a case, alleging that H.H. Dorje Chang Buddha III signed a contract with Liu Juan in April 2000 to sell the already-sold Jixiang Property in Shenzhen to Liu Juan. It was alleged that only after wiring 150 million CNYs into the bank account designated by H.H. Dorje Chang Buddha III, did Liu Juan discover the fraud. The Shenzhen Public Security Bureau also planted a separate matter of Lau Pak Hun who is a businessman in Hong Kong being defrauded by Wong Hiu Shiu regarding a property on H.H. Dorje Chang Buddha III. However, a number of questions can be asked and need to be answered. Since coming to the USA in August 1999, H.H. Dorje Chang Buddha III never went back to China. How could He possibly sign a contract with Liu Juan in Shenzhen in April 2000? H.H. Dorje Chang Buddha III never did any business in China and never had a company. Nor was He a shareholder or a member of the management or staff of any company. How could He sign any contract to sell the property? Furthermore, which bank was the account designated by H.H. Dorje Chang Buddha III in? And when and from which account did Liu Juan send the money into it? Why wasn’t such information released? The reason is that such accounts or money mentioned were simply nonexistent and were fabricated by the Public Security Bureau. In 2003, Liu Juan provided an affidavit notarized by the Consulate General of China to state that the public security personnel of Guangdong Province used needles and shackles to torture her to pressure her to made false witnesses. Liu Juan also testified that H.H. Dorje Chang Buddha III never defrauded her and only cared about and helped her. In 2014, Liu Juan again wrote a hand-written testimony and stamped it with her fingerprint. Lau Pak Hun also issued a fingerprint-stamped written testimony in 2015 to state that the person who defrauded him was his inferior fellow Buddhist sister Wong Hiu Shui and that H.H. Dorje Chang Buddha III never defrauded him.

▲ Evidence of the persecution carried out against H.H. Dorje Chang Buddha III by the Public Security Bureau－Written materials by Ms. Liu Juan in 2003 with notarization by the Chinese Consulate General to testify that H.H. Dorje Chang Buddha III never defrauded her (published in newspapers at that time)

▲ Evidence of the persecution carried out against H.H. Dorje Chang Buddha III by the Public Security bureau－Written testimony by Liu Juan to testify that H.H. Dorje Chang Buddha III never defrauded her (See Appendix A for its English translation)

▲ Statement by Lau Pak Hun with his signature and fingerprint to state that H.H. Dorje Chang Buddha IIInever defrauded him and that it was Wong Hiu Shui who defrauded him (See Appendix B for its English translation)

In November 2002, ICAC of Hong Kong prosecuted Wong Hiu Shui and her brother Wong Fai Tung for their crime of loan fraud by mortgaging the property of Master Wan Ko Yee’s Museum in Hong Kong to the bank. The judge announced at the court that the sister and brother defendants had long premeditated committing the fraud against the property of the Buddha hall and that this case had nothing to do with H.H. Dorje Chang Buddha III. For the crime of fraud, Wong Hiu Shui and her brother Wong Fai Tung were later sentenced by the Hong Kong High Court to 11 years in jail and 7.5 years in jail respectively. The news agency People’s Net (www.people.com.cn) in China immediately published a news report announcing that Wong Hiu Shui and her brother Wong Fai Tung received severe sentences for their crime of fraud.[iii]However, the Public Security Department of Guangdong Province was pressured by the instruction from Niu Ping, the then vice minister of the Ministry of National Security, to ignore the fact of Wong Hiu Shui’s sentencing and still issued an arrest warrant against the simply nonexistent “Wan Ko Yee’s group of fraudsters.” The arrest warrant was also published on the website of Xin Hua News Agency of Guangdong Province.

▲ Wong Hiu Shui and her brother Wong Fai Tung were sentenced to imprisonment of 11 years and 7.5 years respectively (See Appendix C for its English translation)

At the same time, persecution was also carried out at the birthplace of H.H. Dorje Chang Buddha III, Dayi County. As part of the persecution, Zhou Yongkang and the then Mayor of Chengdu Li Chuncheng separately signed documents to order the closure of the ”Master Wan Ko Yee Museum” in Dayi County that was built by the Dayi County government with the approval from the Chengdu City Planning Committee and was opened officially by the government. The more than 100 paintings and calligraphies on exhibition in the museum that were created by H.H. Dorje Chang Buddha III and provided to the museum by Him were then embezzled into private hands. Additionally, the only real estate owned by H.H. Dorje Chang Buddha III in China—His residence located at No. 19, West Xinhua Road in Chengdu was demolished, without any compensation.[iv]

Regarding the smearing attack against H.H. Dorje Chang Buddha III by the public security personnel, thirteen first-class legal experts in eleven institutions of law in China, including Beijing University Law School, Qinghua University Law School, Law School of Renmin University of China, China University of Political Science and Law, the Chinese Academy of Social Sciences Law Institute, the People’s Daily, the Legal Daily, and others, held a discussion forum of law in Beijing on the case. These experts of law provided their legal opinions, stating, “As the ‘victims’ recognized by the verdict in this case, Lau Pak Hun and Liu Juan did not have money or property that was defrauded. Both ‘victims’ also denied being ‘victims’ of fraud in this case. …… There exists no fact of any crime committed and there was no criminal in this case. What is the fraud to speak of?” The experts also requested the verdict to be corrected.

According to information revealed, the unlawful public security personnel in Guangdong and Shenzhen led by Chen Shaoji privately embezzled lots of money, properties, and valuables using the opportunities of handling cases. They stole more than 700 paintings and calligraphies created by H.H. Dorje Chang Buddha III’s painstaking efforts through several decades (if calculated by the current auction prices of H.H. Dorje Chang Buddha III’s paintings and calligraphies, these paintings and calligraphies embezzled into private hands are valued at more than 40 billion CNYs or 6.5 billion US$ by a conservative estimate) but also robbed tens of kilograms of gold and jewelries as well as famous watches and other valuables from the jewelry company owned jointly by Liu Juan and Wu Wentou. In addition, the over 70 famous ancient paintings that Wu Wentou had bought and collected for his planned jewelry and antique store were also illegally taken away. No wonder such big tigers will not refrain from eating humans!

Although the corrupting officials led by Zhou Yongkang and Chen Shaoji in persecuting H.H. Dorje Chang Buddha III later were sentenced to jail one after another due to their corrupting and degenerating deeds found in other cases, the embezzling and corrupting members of the police involved in this case are still within the rank of public security personnel of Guangdong Province. To cover up their crimes of embezzlement, they resist the cancelation of the arrest warrant by all means. Worrying about their embezzling acts being exposed, they spread rumors everywhere to describe H.H. Dorje Chang Buddha IIIas a bad person, to delude the great masses and cover up their own embezzlement and corruption.

The Economist once reported that, during the time when Hu Jingtao was the general secretary of the Chinese Communist Party, Zhou Yongkang who was in charge of the Politics and Law Committee and the Ministry of National Security was almost as influential and powerful as Mr. Hu. With Niu Ping plus Zhou Yongkang who was called the “big tiger,” these accusers forging accusations had extremely strong political power. Therefore, it is not difficult to understand that the arrest warrant published on the internet could stay there for years because no one dared remove it.

Although INTERPOL did issue an arrest warrant of Red Notice near the end of 2004 based on the application submitted by China, but there were only two “victims,” Liu Juan and Lau Pak Hun, mentioned in the entire process of legal proceedings as well as media reports, both of whom stated publicly and in multiple times that they were not victimized. They even emphasized the kindness and virtue of H.H. Dorje Chang Buddha III. Experts of law in China exonerated H.H. Dorje Chang Buddha III. Both victims in the case denied being defrauded. There had never been any change of ownership to the funds or properties they owned. The so-called money or property being defrauded was just investments made by these two persons. Additionally, “Wan Ko Yee” was not even a recipient or partner of the investments. Whatever fraud mentioned in the case was simply nonexistent. In June 2008, China proactively asked INTERPOL to cancel the arrest warrant which was officially canceled by INTERPOL in October 2008. These facts all belong to the information publicly accessible to the general public from the internet.

During the course of this persecution, a local newspaper in Sichuan Province of China called Huaxi Metropolitan Newspaper fabricated a piece of society news with forged information. Due to republications by news media, this article is often used as a slandering topic. It belittled H.H. Dorje Chang Buddha III who has doctoral degrees as having the education of the fifth grade in elementary school and described Him as a temporary worker of painting. The fact is that H.H. Dorje Chang Buddha III received the title of “Fellow” from the Royal Academy of Arts of Great Britain, which was awarded only once in the history of this world-class institution of arts for over 200 years. His Holiness the Buddha also received the titles of honorary doctoral degree and professorship from 92 universities in the USA and other countries. This status is the highest honor among people of Chinese origin in the world. From 2000 to 2009, H.H. Dorje Chang Buddha III was a professor at Auburn University in the USA and frequently received awards and commendations for His outstanding performance. Could a person with the education of the fifth grade in elementary school be a university professor? More notably, the paintings by H.H. Dorje Chang Buddha IIIfrequently set new price records. In 2015, His painting entitled Loquat created an astonishing price of 1.7 million US$ per square feet at the New York Fall Auction. His accomplishments in 30 big categories broke the highest record in history of accomplishment by a person. In the fields of morality, philosophy, poetry, painting, calligraphy, music, medicine, and so many others, He is expertly proficient in all and has made highest accomplishments. In contrast to the international reputations for His comprehensive accomplishments in so many domains, what was in the slandering article is simply ridiculous.

▲ Certificate of Appreciation issued by Auburn University to honor H.H. Dorje Chang Buddha III while His Holiness the Buddha was a professor at the university

▲ The painting “Loquat” created by H.H. Dorje Chang Buddha III was sold at an astronomically high price of 79.05 million HK$ (Report by a newspaper in Hong Kong)

When Zhou Yongkang was sentenced to life imprisonment for his case of embezzlement and corruption in June 2015, many of his victims long suffered from injustice surfaced publicly. Those who were tortured and pressed by the public security agency in that false case of fraud but actually should have been the real plaintiffs in the case include Jiang Gongkang Rinpoche (with the worldly name of Wang Huaqing) and Buddhist nun Shi Hui Shan (with the worldly name of Hao Nanni before becoming a monastic) spoke about their experiences in front of the camera. The recorded videos exposed the tragic ordeal and provide real evidence for this case of deformation.[v]

Exactly as stated in the statement from the World Peace Prize Awarding Council, “His Holiness Dorje Chang Buddha III is more than deserving of the Top Honor Prize as He exemplifies the nobility of selflessness; a model of morality for all to emulate. He also demonstrated how peace is often attained by determination, humility and the perseverance to advance its cause in the face of adversity.”

This false case of fraud deceived some living beings for a time, but cannot contaminate His Holiness the Buddha. Rather, it can only further manifest H.H. Dorje Chang Buddha III’s unsurpassed morality, sentiment, and conduct with selflessness, fearlessness, great love, great compassion, and doing everything to benefit living beings!

Appendix A – A Hand-Written Testimony by Ms. Liu Juan

A Statement

Now, many people in society who have ulterior motives and lack morality are using my name to attack and slander H.H. Dorje Chang Buddha III, my Buddha Master. I feel very furious and sad! Actually, you do not know the real situation at all and only saw the superficies. As a matter of fact, during the entire period of more than ten years since I became a disciple of my Buddha Master, every time I met with my Buddha Master, He was always so compassionate, so kind, and so caring about everything of us who are disciples! He is never concerned with the deformation against Him from others and just bears living beings’ sins!

For quite a few times when I was paying homage to my Buddha Master, I mentioned that I wanted to write a statement of clarification to testify that my Buddha Master never defrauded me. However, He always declined. Now I saw more and more immoral persons using my name to slander my Buddha Master. I cannot stand this anymore. I want to state the fact to clarify. The great H.H. Dorje Chang Buddha III has always been my most revered master! He never defrauded me! I hereby give this statement to clarify!

Liu Juan (with fingerprint)

June 11, 2014

Appendix B – A Testimony by Mr. Lau Pak Hun

Statement

I hereby state once again as follows:

My Master H.H. Dorje Chang Buddha III never defrauded me! The person who defrauded me for more than 60 million Hong Kong dollars is my inferior fellow Buddhist sister Wong Hiu Shui. For that, the court in Hong Kong sentenced her to nine years’ imprisonment. She has received the punishment by law that she deserved. I always think that my Master H.H. Dorje Chang Buddha III is the greatest and the most selfless.

Person making this statement: Lau Pak Hun (signed and finger-stamped)

Date: April 23, 2015

Appendix C – A News Report on Wong Hiu Shui’s Sentencing Published in www.people.com.cn

Sister and Brother Who Were Directors of a Buddhist Hall Received Severe Prison Sentences

Reported from Hong Kong on November 21, 2002

The case of fraud involving the star Buddhist hall “Wisdom & Mercy” was sentenced yesterday. Wong Hiu Hui, the former chairperson of the Wisdom & Mercy V. D. A. Limited, and her brother Wong Fai Tung received severe sentences of imprisonment for 11 years and 7.5 years respectively. Separately, they were also deprived of the right to serve as a director of a company for 15 years. The attorneys of both of them thought the sentences were extremely severe punishment.

The judge pointed out that the crime committed by the two defendants in this case caused a loan of 97 million HK$ from the Xin Hua Bank to become a bad loan.

Wong Hiu Hui (44) and Wong Fai Tung (34, former director and general manager of Jinke Digital Intl. Holding Co.) forged a resolution of the board meeting of Wisdom & Mercy to mortgage the property of “Master’s Museum” located at No. 22, Kent Road, Kowloon Tong and valued at 56 million HK$ to the Xin Hua Bank, to obtain credit and loan services for the two companies owned by Wong Fai Tung.

The judge pointed out that the two sister-brother defendants have started their premeditated plot for the property long ago. Within the two years after the real estate at Kent Road was purchased by a “tycoon follower” of the Buddha hall Lau Pak Hun in 1995, the defendants already submitted the property to the bank for appraisal and planned on applying for a mortgage with it. Although the plan was put off later, in 1999 they again mortgaged the property to the bank for a credit line of 40 million HK$ for the two companies owned by Wong Fai Tung. Shortly after that, 20 million HK$ was withdrawn from that credit line. Even until now, the two companies still owed the Xin Hua Bank 35 million HK$ and 58 million HK$ respectively.