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The following is issued on behalf of the Mandatory Provident Fund Schemes Authority:
The Mandatory Provident Fund Schemes Authority (MPFA) today (March 12) obtained two orders in the District against two employers for payment of outstanding MPF contributions at about $220,000.
The District Court issued judgments against two Wayson Holdings International Investment Limited and Double C Limited. The defendants were ordered to pay the MPFA $195,311.57 and $28,000, being mandatory contributions in arrears and surcharges payable to 13 and eight employees respectively.
The amounts awarded will be reimbursed to the employees¡¦ MPF accounts as soon as they are received by the MPFA. The court ordered the defendants to each pay costs of $930.
Ends/Wednesday, March 12, 2008
Issued at HKT 17:22
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