David Sun
| David Sun | |
|---|---|
| Director of Audit | |
| Assumed office 1 July 2012 |
|
| Preceded by | Benjamin Tang |
| Personal details | |
| Born | David Sun Tak-kei 1953 (age 70–71) |
David Sun Tak-kei, BBS, JP (Chinese: 孫德基, born 1953) is the current Director of Audit of Hong Kong. He was the president of Hong Kong Institute of Certified Public Accountants.[1]
Background
Sun began his career at Ernst & Young in 1977 after receiving his Master of Accountancy degree. He was the partner in charge of the Akai Holdings account from 1991 to 1999.[2] 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.[2] Ting was imprisoned for false accounting in 2005,[2] and E&Y paid $200m to settle the negligence case out of court in September 2009.[3] 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.[4] 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[3] whose accounts were described by the liquidator as a "morass of dodginess".[3]
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.[5]
References
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| Government offices | ||
|---|---|---|
| Preceded by | Director of Audit 2012–present |
Incumbent |
| Order of precedence | ||
| Preceded by
Lo Wai-chung
Commissioner of Police |
Hong Kong order of precedence Director of Audit |
Succeeded by Eric Chan Director of Immigration |
