Administrators appointed for Nina Wang’s estate

A Hong Kong court has appointed administrators to manage the multi-billion-dollar estate of the late Hong Kong tycoon Nina Wang amid a legal tussle between a feng shui master and her family.

The High Court granted an application made by feng shui master Chan Chun-chuen, who is claiming to be the sole beneficiary of Wang’s assets, to hire two accountants from Deloitte to protect her fortune with immediate effect.The appointment also had the agreement of Chinachem Charitable Foundation, run by Wang’s family, who also claim her fortune, estimated at 4.2 billion US dollars.

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