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The following is issued on behalf of the Mandatory Provident Fund Schemes Authority:
The Mandatory Provident Fund Schemes Authority (MPFA) today (December 30) obtained at the District Court an order for payment of outstanding MPF contributions of $139,775.4 against an employer.
The employer, New Vision Engineering Limited, was ordered to pay the MPFA $139,775.4, being mandatory contributions in arrears and surcharges payable to 16 employees of the defendant.
The amount awarded will be reimbursed to the employees' MPF accounts as soon as they are received by the MPFA. The District Court also ordered the defendant to pay $930 as the costs of the claim.
Ends/Thursday, December 30, 2010
Issued at HKT 16:11
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