David Sun Tak-kei
|David Sun Tak-kei
|Director of Audit|
1 July 2012
|Preceded by||Benjamin Tang|
|Born||David Sun Tak-kei
1953 (age 64–65)
Sun began his career at Ernst & Young in 1977 after receiving his Master of Accountancy degree and is now the Far East Co-Area Managing Partner. He was the partner in charge of the Akai Holdings account from 1991 to 1999.
Sun was a member of Securities and Futures Commission between 2001 and 2007. In 2003, he became the president of Hong Kong Institute of Certified Public Accountants until 2007. He was also a member of chairman council of City University of Hong Kong from April to July 2012. Sun was later appointed as Director of Audit of Hong Kong in July 2012.
When Akai went bust in 2000, the liquidators accused E&Y of falsifying documents and tampering with audit documents between 1994 and 1998 to cover up the theft of over US$800m by Akai's chairman, James Ting. Ting was imprisoned for false accounting in 2005, and E&Y paid $200m to settle the negligence case out of court in September 2009. In a separate lawsuit a former EY partner, Cristopher Ho, made a "substantial payment" to Akai creditors in his role as chairman of the company that had bought Akai just before it went bust in 2000. By this time Sun was co-managing partner for E&Y China; in January 2010 E&Y settled another claim in relation to the bankrupt Moulin Global Eyecare, an audit client between 2002 and 2004 whose accounts were described by the liquidator as a "morass of dodginess".
- "Mr David Sun Tak-kei, BBS, JP, Director of Audit". Government of Hong Kong. July 2012. Retrieved 2 February 2013.
- "Sun, David Tak Kei". Webb-site.com. 2012. Retrieved 2 February 2013.
- Rovnick, Naomi; Lo, Clifford (30 September 2009). "Raids, arrest as fraud police probe Akai files". South China Morning Post.
- Rovnick, Naomi (27 January 2010). "Ernst & Young pays up to settle negligence claim". South China Morning Post.
- Duce, John; Tan, Andrea (5 October 2009). "Akai Liquidator to Receive Payment in Settlement With Grande". Bloomberg.
|Director of Audit
|Order of precedence|
Commissioner of Police
|Hong Kong order of precedence
Director of Audit
Director of Immigration