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| HSBC branch where incident was reported (Google Maps photo) |
An elderly Filipino charged with using a false instrument after presenting papers purporting to show he had US$10 billion in deposits at Hongkong and Shanghai Banking Corp., returned to confinement Frday after his offer of $30,000 cash bail was refused at Eastern Court.
The amount offered by the lawyer of Ramon Revillosa Jr, 69, for
his release from Siu Lam Hospital in Tuen Mun was 50% higher than the $20,000
he offered last Sept. 19. He has been remanded since arrest last Feb. 10.
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| PINDUTIN DITO |
Principal Magistrate David Cheung told Revillosa that he rejected both offers because the charge against him was serious and his release will be a threat to himself and the community as he was still under psychiatric treatment, which doctors recommended should last four to six months.
Magistrate Cheung left untouched two hearing dates that he had
set earlier – Oct. 3 to review Revillosa’s second psychiatric report and Nov. 6
to accept his plea of either guilty or not guilty.
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| Basahin ang detalye! |
Revillosa is alleged to have presented a bank capability
letter, guarantee letter and a certificate of balance, all purporting to have a
value of US$10 billion and issued by HSBC, which he “knew, or believed to be,
false”.
Using a false instrument is punishable under section 73 of
the Crimes Ordinance with up to 14 years in jail.
