Hong Kong jewelry store owner was arrested for debts of 180 million after 6 years of death

According to Hong Kong's "Wen Wei Po" report, Lin Shirong, the former chairman of Hong Kong Kim Supreme, died of heart disease in September 2008. Although Lin died six years ago, he was still being pursued by the finance company. Guoxin Finance Co., Ltd. entered the company two times earlier to collect debts from Lin Shirong’s personal representative, totaling 180 million.

In the end of August 2008, less than one month before his death, Lin Shirong made a loan guarantor for the former Chief Executive of the Golden Supreme, Wu Yimei, and borrowed 50 million from Guoxin Finance Co., Ltd. 120 million.

Another importation also indicated that the now-dissolved Lichang International Group Co., Ltd. also borrowed 30 million from the same finance company in June 2008, while Lichang’s directors Wang Rubao and Lin Shirong promised to repay the loan, but they have been in arrears Debt, so far accumulated the principal with a interest rate of up to 65 million; two in total, a total of 180 million debts to Lin Shirong's personal representatives.

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