Read the full judgment text of CACC 000105/1999 on BabelCite. This Court of Appeal judgment was delivered on 2 November 1999.
1. The Applicant faced 9 charges of lending money at an effective rate of interest exceeding 60% per annum, contrary to section 24(1) of the Money Lenders Ordinance, Cap163. Each of the 9 charges involved the lending of a sum of money to a particular person on a particular date. The Applicant pleaded not guilty and was tried before District Judge Longley. At the conclusion of the trial, he was found guilty of 7 charges, namely charges (4), (8), (10), (11), (12), (14) and (15). For charge (4), he