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John Poon Cho Ming v Commissioner of Inland Revenue | Resignation announcement
HK Court of First Instance, 24-Mar-2016
Mr Poon loses his appeal. The judge writes "On 20 July 2008, apparently due to disagreements within the Company's board of directors, the Taxpayer's employment and offices with the Company came to an abrupt end." That's not what Esprit told the market the next day: "Mr Poon has confirmed that he has no disagreement with the Board...". We call on the SFC to investigate whether this statement was false or misleading. Mr Poon is Chairman of the Financial Reporting Council.
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