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The following is issued on behalf of Mandatory Provident Fund Schemes Authority:
The Mandatory Provident Fund Schemes Authority (MPFA) today (July 25) obtained an order in the District Court against an employer for payment of outstanding MPF contributions at about $270,000.
The District Court today issued judgment against Great Source Engineering Limited. The defendant was ordered to pay the MPFA $275,199.64, being mandatory contributions in arrears and surcharges payable to 41 employees of the defendant.
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/Friday, July 25, 2008
Issued at HKT 16:45
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