Read the full judgment text of CACC 000389/1993 on BabelCite. This Court of Appeal judgment was delivered on 13 January 1994.
1. The applicant, who was D1 during the trial in the District Court of 5 defendants, pleaded guilty before Miss Betty Kwan, sitting as a Deputy Judge to a charge of lending money at excessive rate contrary to section 24(1) of the Money Lenders Ordinance, Cap. 163. The interest charged in this case was nearly 800% per annum, and the applicant was a member of a loan shark syndicate in Ap Li Chau Housing Estate.
Cited by 2 cases