Lehman cases
Source: Xinhua |
July 24, 2010, Saturday
|
Print Edition
Print Edition
The Hong Kong Monetary Authority said yesterday that investigation of more than 99 percent of 21,674 Lehman Brothers-related complaint cases has been completed. Another 169 cases remain under investigation.
According to the HK Monetary Authority, of the completed cases, 13,078 were resolved by a settlement agreement, 2,492 cases by enhanced complaint handling procedures, 2,561 cases were closed because of insufficient prima facie evidence of misconduct and 2,818 cases are under disciplinary consideration.
Around 43,700 Hong Kong people invested nearly HK$15.7 billion (US$2.02 billions) in products issued or guaranteed by Lehman Brothers.
According to the HK Monetary Authority, of the completed cases, 13,078 were resolved by a settlement agreement, 2,492 cases by enhanced complaint handling procedures, 2,561 cases were closed because of insufficient prima facie evidence of misconduct and 2,818 cases are under disciplinary consideration.
Around 43,700 Hong Kong people invested nearly HK$15.7 billion (US$2.02 billions) in products issued or guaranteed by Lehman Brothers.
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