Hong Kong's Securities And Futures Commission Obtains Disqualification And $84 Million Compensation Orders Against Former Chairman Of First Natural Foods Holdings Limited

The Securities and Futures Commission (SFC) has obtained disqualification and compensation orders in the Court of First Instance against Mr Yeung Chung Lung, former chairman and executive director of First Natural Foods Holdings Limited (First Natural Foods) over embezzlement of $84 million and provision of false bank statements to auditors (Notes 1, 2 & 3).