Chinese people generally owe debts but the Lunar New Year, but according to Apple Daily, the rich Jack Ma, seems to be a bit like the year off sad. The bad news keeps on coming for Jack Ma, who recently added another accusation of dragging a number! The independent house located at 22 Pak Ka Road on the Peak, since August 2019 to start the reconstruction of a 4-storey house, with a total floor area of 12,680 square feet, is nearing completion, has entered the “building inspection” stage, but the project by the “Baohua Construction” construction The project is alleged to have defaulted on more than $30 million in construction costs, including the cost of construction materials and workers’ salaries.
Two days before the Lunar New Year, but a site contractor claims to be owed $30 million in construction costs, fearing no money for the New Year. It is said that the number of delay is actually the founder of Alibaba, who has been the richest man in China for three consecutive years, Jack Ma, he bought in 2015 at a sky-high price of $1.5 billion “Palace” at No. 22, Pak Ka Road, the Peak, is about to be completed, but the project fee is suspected of arrears of six months to find the number, about 30 site workers and the head of the contractor for days to pull the banner amount to recover, and more bitter complaints. “The second judge said this year must not have Food out!”
Jack Ma made a public statement at the end of October last year that “there is basically no system in China’s finance”, followed by the listing of Ant Group at the beginning of November last year, while under siege by regulators, Jack Ma himself has not appeared in public for many months, even his reality TV show “Africa Even his reality TV show “Africa’s Business Heroes” (Africa Business Heroes), as a judge, he was absent. Until January this year, Jack Ma began to appear in the form of video, but his whereabouts have been in doubt, causing concern.
Bad news for Jack Ma, recently added a dragging number of allegations! His detached house at 22 Pak Ka Road on the Peak, since August 2019 to rebuild a 4-storey house, with a total floor area of 12,680 square feet, is nearing completion and has entered the “building inspection” stage, but the project by the “Paul Wah Construction” construction The project is alleged to be in default of more than 30 million dollars, including the cost of construction materials and workers’ salaries.
“Last week we came, Paul Hua came to mediate, said we must have money for the New Year, yesterday (this Tuesday) has been the 28th of the year, big brother, where is the money?” A head contractor Chao claims that as a major contractor “Baohua” ignore workers’ lives, from last August to drag food for six months, so dozens of workers trapped in the “no money for the New Year” predicament, so a group of workers and the head contractor were last Tuesday (2) and yesterday (9), holding banners to Outside the site to protest.
According to Chao’s knowledge, “Baohua” at the end of last month issued a check for $2.5 million to the second contractor, and then distributed it to more than ten contractors of the third contractor, each of whom received only about $250,000, but only enough to pay the workers about one month’s salary. A conscientious head to avoid workers “do not have money to eat”, for several months has been advancing labor, but so far has “pad can not pad”, “pad some money and their turn to have no money to eat! Super alone has been dragged number nearly 1 million yuan.
Although “Baohua” last week to the second judgment “pat heart mouth” to ensure that the number to find, so that the head and workers have money for the New Year, but the other side has been “not aligned with the documents” as the reason for refusing to issue the project fee, so the people In the “New Year’s Eve” again door-to-door recovery, and pull up the banner “six months no food out of the large contractor workers waiting to die”, “despicable businessman return my hard-earned money”. One of the plumbers Mr. Chen said, a few days ago received the news of the second sentence, “this year’s New Year must not have food out”, worried: “Today out of a check to me, I can be over the New Year before the number, and Home what are not.”
Apple” through Alibaba to Ma Yun understand, but before the deadline did not get a reply, while “Baohua Construction” denied the incident, claiming that the project fee has been collected in full from the owner, but also to the subcontractors under the jurisdiction of payment, and no arrears of engineering fees.
The house was formerly the official residence of the Belgian Consul, and was purchased in 2002 by former PCCW Vice Chairman Yuan Tianfan and his wife, former Hang Seng Bank Vice Chairman and CEO Vivian Lee, for $160 million and held in the name of an offshore company, ALATINI GROUP LIMITED. Sold to Jack Ma in the form of “shell”, the purchase price of more than 1.5 billion yuan, the most expensive in Hong Kong.
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