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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 (February 23) obtained an order in the District Court against an employer for payment of outstanding MPF contributions at about $112,000.
The court issued judgment against De-A Collection Limited which was ordered to pay the MPFA the sum of $112,324.02, being mandatory contributions in arrears and surcharges payable to four employees.
The amount awarded will be reimbursed to the employees' MPF accounts as soon as it is received by the MPFA. The District Court ordered the defendant to pay costs of $930.
Ends/Monday, February 23, 2009
Issued at HKT 17:59
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