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HKICPA fines Baker Tilly and Mr Au Yiu Kwan over 2006 Egana audit | Our article, 26-Jul-2007
HKICPA, 27-Jun-2018
At last, 11 years after Webb-site blew the whistle on the Egana fraud in our article of 26-Jul-2007, Baker Tilly and its former director get a slap on the wrist and fines of HK$250k and HK$100k respectively for their duff audit. BT even tries to claim that it wasn't responsible for its directors' failings. The audit fee for that year alone was HK$1.47m, far more than the fines. Egana had a market value of HK$7.76bn (US$1bn) on the day of our article, all of which was lost in the collapse.
Organisations
People
- Au, Alvin Yiu Kwan 歐耀均
- Chan, Paul Cheuk Chi 陳卓智
- Espina, Anthony Joseph 艾秉禮
- Lee, Stella Wai Fun 李慧芬
- Leung, Kathy Chi Ying 梁智英
- Wong, Kenneth Wing Yan 黃永恩
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