In the movie - The Goldfinger -, Cheng Yiyan's prototype character is Chen Songqing in the Jianing Murder Case.
Chen Songqing, the former chairman of Jianing Group, was arrested together with company director He Guiquan in October 1983 and charged with fraud. At that time, Jianing Group was in debt of 10 billion.The Jia Ning case was also the longest litigation case since the opening of Hong Kong. It was not concluded until October 1986. Chen Songqing admitted to two counts of conspiracy to defraud US$280 million and was jailed for three years.Chen Songqing's fierce battle with the judicial department shows his ruthlessness in creating wealth. Since 1983, he has repeatedly applied to the court to permanently suspend the hearing, causing the Hong Kong government to bear nearly 200 million yuan in legal fees.In 1987, the presiding prosecutor ruled that Chen Songqing did not need to plead on the grounds that the charges were repeated and he was released in court.
In 1972, businessman Chen Songqing came to Hong Kong from Singapore.After spying on Hong Kong's rapidly developing financial situation, Chen Songqing established a number of "shell companies" in Hong Kong and used these "shell institutions" to obtain loans and engage in financing.
In 1979, Chen Songqing borrowed a large amount of funds from Malaysia Yumin Finance and used these funds to acquire an already listed company and renamed it Jiani Group.
After that, he used “Shell Company” and “Carining Group” under his name to conduct internal operations and drive up the stock price.In the early 1980s, the stock price of Jianing Group soared, and Chen Songqing became a stock market myth at that time.
However, China and Britain held peace talks on the future of Hong Kong in 1982.As the peace talks unfolded, many foreign businessmen began to withdraw capital from Hong Kong, which also directly affected the Hong Kong stock market.
Due to the turmoil in the stock market, the internal operational problems of %CARINING Group also began to emerge.In October 1983, Chen Songqing was arrested, and the Jianing Group case officially broke out.
The prosecutor's office was later criticized for having misjudged the case, and he resigned in 1988.The Attorney General's Office did not give up on Chen Songqing's exculpation on the main charge and continued to charge Chen Songqing with other crimes.Before Chen Songqing was arrested, the financial assistant manager of Malaysia Yumin who had loaned him and Chen Songqing was killed in a hotel in Hong Kong, and his body was moved to a wild banana forest.The day before the trial of this murder case was to begin, the lawyer in charge of Jianning's industrial transactions committed suicide under mysterious circumstances.An ICAC investigation director responsible for the Jia Ning case committed suicide due to excessive work pressure.
The prosecutor who had tried the Carnegie case died in a car crash in Cyprus the following year after his resignation.Chen Songqing was once a wealth myth in Hong Kong.He came to Hong Kong from Singapore in 1972 as an engineering manager.
In 1979, he deceived the truth and borrowed a large amount of funds from Yue Meng Finance of Malaysia. He then announced the acquisition of a listed company and changed its name to Jianing Enterprises, forcing the stock price to rise. Then it started snowballing and making money with money.
In 1980, he purchased the Golden Gate Building in Central for HK$1 billion, and sold it for HK$1.7 billion half a year later. He made a profit of HK$700 million after reselling it, which fascinated Hong Kong investors. The share price of Jianing Group doubled in two years. Its business includes real estate,Shipping, travel.
In 1982, a crisis arose for Hong Kong's future. Caring suddenly burst its soap bubble and was heavily in debt. Caring was suspended and liquidated in 1983, but many financial companies and banks were unable to recover their arrears, let alone the small shareholders who followed suit.The stocks in hand turned into waste paper.They originally thought waste paper could be turned into gold.
Wu Lida, originally from New Zealand, was the former deputy legal commissioner of the Hong Kong Department of Justice. He worked in the Hong Kong Department of Justice for 14 years. In 1989, he was prosecuted by the Independent Commission Against Corruption for wealth disproportionate to his official income. The following year, he was sentenced to eight years in prison.
During his tenure as Deputy Attorney General, he accepted NT$12.4 million in stolen money as a price for not prosecuting.After his arrest, he served as a tainted witness and testified against other people who conspired to commit corruption, a total of 13 people. As a result, his sentence was reduced by one year.Hu was released from prison in 1994 and deported to New Zealand.Soon he was prosecuted again for allegedly providing false evidence.