At time of reporting (2021), there was an ongoing investigation/prosecution related to this case in the country of origin (HKSAR). The outcome reported in 2020 was that upon an appeal this case would be retried in Hong Kong in early 2021.
In 2021, the outcome was updated to explain two former senior executives of a listed company and a businesswoman were convicted of conspiracy to defraud and money laundering. They were sentenced to jail for terms up to 8 years and 3 months. The defendants appealed against the conviction entered against them and the appeal was allowed by the Court of Appeal. A retrial will be conducted in January 2021. A retrial has been fixed to commence on May 2nd, 2023.
The foreign jurisdiction involved is named as "Jurisdiction N (Europe)".
At time of reporting (2020), the assets were still frozen/seized.