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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,
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