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Hot Topic Local Govt
Law
2 mins to read

Bankrupt developer’s lawyers under fire as allegations of misused funds surface

Investor claims his power of attorney was abused.

The lawyers for property developer York Yu, who owed Inland Revenue $4.7 million last year when he went bankrupt, are now under the gun as a business associate pursues him for allegedly abusing his power of attorney.

Zhong Li gave Mr Yu power of attorney and says Mr Yu abused this power after he

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Bankrupt developer’s lawyers under fire as allegations of misused funds surface
Law,Property,
76125
true