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Chairman of Hong Kong's Mercantile Exchange is under police investigation
HONG KONG Published in Saudi Press Agency on 24 - 05 - 2013

The chairman of Hong Kong's Mercantile Exchange is under police investigation, the government said on Friday, as three other men were charged with possessing false documents including a fake cheque for $460 million following a probe into alleged irregularities at the shuttered exchange, Reuters reported.
Barry Cheung, the exchange's controlling shareholder and a close ally of Hong Kong leader Leung Chun-ying, resigned from all of his public posts on Friday on the grounds that he is under police investigation, a government statement said.
Police said they met with Cheung on Friday but he was not arrested.
-- SPA
20:24 LOCAL TIME 17:24 GMT
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