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Thread ID: 105735 2009-12-12 19:43:00 Westpac Makes It Worse pctek (84) PC World Chat
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838955 2009-12-12 19:43:00 www.nzherald.co.nz

In Hong Kong, it took a pummelling in the courts after trying to recover money Gao passed through a casino in nearby Macau.
The bank lost the case and had to pay the casino's legal bills before one of its lawyers moved to distance themselves from courtroom manoeuvres.

Carlson said one of the accounts into which Gao deposited money was with Wynn International Marketing, a casino and resort operator with a casino in Macau.

The ruling reveals that Gao transferred only part of the missing millions to the casino - $658,643 - but is the only other party named in legal action by Westpac in the Hong Kong courts. That suggests the bank has no idea where to look for the rest.

Carlson initially granted Westpac permission and papers were served on the casino's account with the Dah Sing Bank, one of Asia's largest.

But the lack of detail in the order meant the bank froze the casino's entire account, not the $660,000 sought by Westpac.
Carlson said the casino claimed the move had caused "considerable losses" and "damaged its reputation".

He said the casino intended seeking compensation from Westpac and its lawyers - although the Herald on Sunday understands the matter was dropped after Westpac paid the casino's legal bills.

etc.........
pctek (84)
838956 2009-12-12 19:53:00 Westpac is continuing with its incentive scheme of give-aways? R2x1 (4628)
838957 2009-12-12 20:11:00 No chance a commie chinese courts going to give judgements in favour of a Western capitalist company. No chance a commie chinese casino going to give money to the same.
For Hong Kong read as commie now.
wtf was the bank thinking?
When in Rome do as the Romans do pay for an agent to find them and give them a nice magazine of 9 mm bullets to their heads.
prefect (6291)
838958 2009-12-12 20:24:00 No chance a commie chinese courts going to give judgements in favour of a Western capitalist company. No chance a commie chinese casino going to give money to the same.
For Hong Kong read as commie now.
wtf was the bank thinking?
When in Rome do as the Romans do pay for an agent to find them and give them a nice magazine of 9 mm bullets to their heads.

You're certainly one of the extremists who still lives in the yesterday year.
bk T (215)
838959 2009-12-12 22:09:00 He's in the dark ages - see his Avatar ;) R2x1 (4628)
838960 2009-12-13 01:28:00 You're certainly one of the extremists who still lives in the yesterday year.

If an extremist is someone who thinks applying NZs sense of morality and unncorruptibllity in a commy country wont work then guilty as charged.
Due diligence would have worked out they had a snow balls chance in hell to get money from a casino in a commy commy country.
All they did was waste more depositors money I think the term is more good money after bad.
Apply local solutions to local problems is the answer perhaps not to get the money back the commies have it now but to teach other people a lesson when they try and rip you off you forfeit your right to exist.
prefect (6291)
838961 2009-12-13 04:20:00 In Hong Kong, it took a pummelling in the courts after trying to recover money Gao passed through a casino in nearby Macau.


the bank froze the casino's entire account, not the $660,000 sought by Westpac.
Carlson said the casino claimed the move had caused "considerable losses" and "damaged its reputation".
.

I thought that was funny. He moved it through the casino - he didn't donate it to them.

And they freeze the entire casinos money??!! How to make friends in China. mmm.
pctek (84)
838962 2009-12-13 10:58:00 No chance a commie chinese courts going to give judgements in favour of a Western capitalist company. No chance a commie chinese casino going to give money to the same.
For Hong Kong read as commie now.
wtf was the bank thinking?
When in Rome do as the Romans do pay for an agent to find them and give them a nice magazine of 9 mm bullets to their heads.

HK is not yet commie mate.
In fact it still has a british system of justice.
The bullets will come when the twats in Peking(!) get sick of the courts in HK stopping them from ruining the place.
zcc (50)
838963 2009-12-13 17:45:00 It's al-right Prefect is a closet commie hiding behind such comments to throw everyone off the scent gary67 (56)
838964 2009-12-13 18:40:00 Closet commie lol.
I suppose its in the same vein when they say you are a closet racist because you deny you are racist because you have have a dark coloured friend.
Also if you dont like homosexuals and find their way of life disgusting you are said to be a closet homosexual.
Commies are a big problem in NZ they have infiltrated the unions they want a workers utopia in NZ like North Korea and Cuba.
prefect (6291)
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