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for the second time in 1990 and it would appear that despite indications of hisdeath and subsequent convictions of persons for murdering Teddy Wang,Nina Wang maintained for a long time that he was still alive.3.
The full background to this case can be gleaned not only from the judgment in the court below but also from the proceedings between Nina Wangand her father-in-law, Wang Din Shin. Those proceedings concluded in 2005with the judgment in the Court of Final Appeal (2005) 8 HKCFAR 387. Inthat judgment it was held that Teddy Wang’s will, which Nina Wang reliedupon, was valid. In the lower courts it had been found to have been forged.4.
What is not evident from the earlier proceedings, but was highlyrelevant in these proceedings, was Nina Wang’s involvement with the firstdefendant. The first defendant ran a fung shui school, Chun Yip Hing LungTong, and Nina Wang had been introduced to him in March 1992 as a fung shuimaster. There is no doubt that considerable sums of money passed fromNina Wang to the first defendant and further sums of money were paid assubscription monies for shares in a company started by the first defendant.5.
In 2002 Nina Wang executed the 2002 will. There is no disputein this case that that was a valid will. That will provided, in the first place, thatthe whole of Nina Wang’s estate was bequeathed to the plaintiff, a charitablefoundation jointly established by Teddy Wang and Nina Wang in 1988. Inparagraph 2 of the will it is said that the supervision of the plaintiff would beentrusted to a managing body formed by the Secretary General of the UnitedNations, the premier of the People’s Republic of China and the Chief Executiveof Hong Kong jointly. It was provided that the plaintiff should continue allprojects that it had undertaken. The wish was expressed in the will that thereshould be (a) Chinese prize(s) of worldwide significance, similar to that of theNobel Prize(s). Reference is made in paragraph 4 of the 2002 will to the