---
type: court_doc
id: "court_ctb_2292_13"
court: "CTB"
case_no: "22-50073"
doc_number: 2292
doc_type: "EXHIBIT"
filed_date: null
lang: "en"
machine_translated: false
url: "https://mubeitech.com/en/court/court_ctb_2292_13"
json_url: "https://mubeitech.com/api/court/court_ctb_2292_13"
---
# Guo Wengui / Miles Guo — bankruptcy case · EXHIBIT · ECF #2292-13



Exhibit 13

1　Page 1

2· ·UNITED STATES BANKRUPTCY COURT
3· ·DISTRICT OF CONNECTICUT
4· ·BRIDGEPORT DIVISION
5· ·---------------------------------------X
6· ·In Re:
· · · · · · · · · · · · · · · · · · · · · · · · · Chapter 11
7· · · · · · ·HO WAN KWOK,· · · · · · · · · Case No.
· · · · · · · · · · · · · · · · · · · · · · · · · 22-50073 (JAM)
8· · · · · · · · · · · ·Debtor.
9· ·---------------------------------------X

11· · · ·REMOTE VIDEOTAPED DEPOSITION OF HO WAN KWOK
12· · · · · · · · ·Thursday, March 2, 2023

16· ·Reported by:
17· ·Angela M. Shaw-Crockett, CCR, CRR, RMR, CSR
18· ·Job 222883

· · ·22

1　Page 2　·1· · · · · · · · · · · · ·H. Kwok　Page 3

2　·2· ·R E M O T E· ·A P P E A R A N C E S:
3· · · · · · · · · · March 2, 2023　·3· ·PAUL HASTINGS LLP
4· · · · · · · · · ·10:28 a.m.　· · · · · · Attorneys for TRUSTEE
·4· · · · · 200 Park Avenue
5　· · · · · · New York, New York· 10166
·5
6· · REMOTE VIDEOTAPED DEPOSITION OF HO WAN KWOK,　· · ·BY:· AVRAM LUFT, ESQ.
7· · before Angela M. Shaw-Crockett, a Certified Court　·6· · · · DOUGLASS BARRON, ESQ.
8· · Reporter, Certified Realtime Reporter, Registered　·7　· · · · · WILL FARMER, ESQ.
9· · Merit Reporter and Notary Public of the States of　·8· ·CHIESA SHAHINIAN & GIANTOMASI PC
10· · New York, New Jersey, and Connecticut.　· · · · · · Attorneys for HK INTERNATIONAL
11　·9· · · · · MEI GUO
12　· · · · · · One Boland Drive
10· · · · · West Orange, New Jersey 07052
13　11· ·BY:· ·PATRICIA BERGAMASCO, ESQ.
14　12
15　13· ·ZEISLER & ZEISLER P.C.
16　· · · · · · Attorneys for HK INTERNATIONAL
14· · · · · MEI GUO
17　· · · · · · 10 Middle Street
18　15· · · · · Bridgeport, Connecticut· 06604
16· ·BY:· ·AARON ROMNEY, ESQ.
19　17
20　18· ·ALSO PRESENT:· Matthew Chin-Quee, The Videographer
19· · · · · · · · · Luyi Song, Law Clerk, Paul Hastings
21　20· · · · · · · · · Jingyi Wang, Mandarin Interpreter
22　21· · · · · · · · · Una Wilkinson, Mandarin Check Interpreter
23　22· · · · · · · · · · · · · · · · · · · · ·**
24　23
25　24
Page 4　Page 5
·1· · · · · · · · · · H. Kwok　·1· · · · · · · · · · H. Kwok
·2· · · · THE VIDEOGRAPHER:· Good morning.· My name　·2· · · · THE VIDEOGRAPHER:· Thank you.
·3· ·is Matthew Chin-Quee.· I'm a legal videographer　·3· · · · This is the start of tape number 1 of the
·4· ·in association with TSG Reporting.· I won't be　·4· ·videotaped deposition of Ho Wan Kwok in the
·5· ·in the same room with the witness.· I'll record　·5· ·matter In Re: Ho Wan Kwok in the United States
·6· ·the deposition remotely.· The reporter,　·6· ·Bankruptcy Court District of Connecticut
·7· ·Angie Shaw-Crockett also will not be in the　·7· ·Bridgeport Division, number 22-50073 (JAM).
·8· ·same room and will swear the witness remotely.　·8· ·The parties have agreed to appear remotely on
·9· · · · Do parties stipulate to the validity of　·9· ·March 2, 2023, at approximately 10:28 a.m.
10· ·the video recording and remote swearing and　10· · · · My name is Matthew Chin-Quee from
11· ·that it will be admissible in the courtroom as　11· ·TSG Reporting, and I'm the legal video
12· ·if it had been taken following Rule 30 of the　12· ·specialist.· The court reporter is

13· ·Federal Rules of Civil Procedures and the　13· ·Angie Shaw-Crockett, in association with
14· ·state's rules where the case is pending?　14· ·TSG Reporting.
15· · · · MR. LUFT:· This is Avi Luft on behalf of　15· · · · Will all counsel please introduce
16· ·the Chapter 11 trustee, and we agree.　16· ·yourself.
17· · · · MR. ROMNEY:· Yes, Aaron Romney,　17· · · · MR. LUFT:· Hi.· This is Avi Luft of
18· ·Zeisler & Zeisler on behalf of the debtor, the　18· ·Paul Hastings.· I represent the Chapter 11
19· ·witness.· We agree.　19· ·trustee in, in Re: Ho Wan Kwok.· Along with me
20· · · · MS. BERGAMASCO:· Patricia Bergamasco on　20· ·are my colleagues Douglass Barron, Will Farmer,
21· ·behalf of Mei Guo and HK International.　21· ·and Luyi Song, who is a law clerk.
22· · · · THE VIDEOGRAPHER:· Thank you.　22· · · · MR. ROMNEY:· Aaron Romney,
23· · · · This is the --　23· ·Zeisler & Zeisler.· I represent the Debtor
24· · · · MR. LUFT:· You agree?　24· ·Mr. Kwok in the main bankruptcy case.· Also
25· · · · MS. BERGAMASCO:· Yes.· My apologies.　25· ·representing him in his capacity as a witness

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Page 6　Page 7

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · today in this adversary proceeding.· I do also　·2· · · · · · ·MR. LUFT:· Great.
·3· · · · have an appearance on behalf of Mei Guo and　·3· ·EXAMINATION
·4· · · · HKI USA in this adversary proceeding.　·4· ·BY MR. LUFT:
·5· · · · · · ·MS. BERGAMASCO:· This is Patricia　·5· · · · Q.· ·Good morning, Mr. Kwok.· How are you?
·6· · · · Bergamasco from Zeisler & Zeisler, representing　·6· · · · A.· ·I'm very well, Counsel.· How are you this
·7· · · · Mei Guo and HK International USA in the　·7· ·morning?
·8· · · · adversary proceeding.　·8· · · · Q.· ·I'm well.· Thank you for asking.
·9· · · · · · ·THE VIDEOGRAPHER:· Thank you.　·9· · · · · · ·Before we start, I'm going to read through
10· · · · · · ·Will the court reporter please swear in　10· ·the terms that counsel has agreed to with regard to
11· · · · the Interpreter and the witness.　11· ·this remote deposition today.· There are multiple,
12· ·J I N G Y I· ·W A N G,　12· ·so I think what I will do, I will pause after each
13· · · · · having been first duly sworn by a Notary　13· ·one so that the Interpreter has an opportunity to
14· · · · · Public within and for the State of New York,　14· ·just translate it.· I'm not looking for an answer,
15· · · · · translated the questions from　15· ·I'm just more just stating what they are.· But I
16· · · · · English to Mandarin and the answers　16· ·think that will be easier.
17· · · · · from Mandarin to English under oath as　17· · · · · · ·Trustee has agreed to take the debtor's
18· · · · · follows:　18· ·deposition remotely today based on the following
19· · Ho Wan Kwok, having been called as a witness, having been　19· ·agreements agreed to by debtor's counsel, on his
20· ·first duly sworn (through an Interpreter),· was examined and　20· ·behalf:· First, HK USA and Ms. Mei Guo no longer
21· ·intend to call the debtor to offer testimony on
21· ·testified as follows:　22· ·their behalf and have removed him from their list of
22· · · · · · ·THE WITNESS:· Thank you.
23· · · · · · ·THE INTERPRETER:· And just a note from the　23· ·intended hearing witnesses.
24· · · · Interpreter.· The Interpreter has received the　24· · · · · · ·The taking of this deposition remotely is
25· · · · link, and the realtime is now working.　25· ·based on the understanding that other than questions

Page 8　Page 9
·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · H. Kwok
·2· ·regarding Mr. Kwok's name, his address, and　·2· ·record at 10:37 a.m.
·3· ·identifying who his family members are, it is the　·3· · · · (Recess.)
·4· ·debtor's intention to assert his Fifth Amendment　·4· · · · THE VIDEOGRAPHER:· We're back on the
·5· ·rights to any questions posed at this deposition.　·5· ·record at 10:45 a.m.
·6· · · · · · ·If the debtor attempts to assert -- to　·6· · · · MR. LUFT:· I will keep going with the
·7· ·not -- excuse me.· Let me strike that.　·7· ·stipulations.· Sorry for the technical issue.
·8· · · · · · ·If the debtor attempts to not assert his　·8· · · · The debtor must be physically within the
·9· ·Fifth Amendment rights and, instead, answer the　·9· ·jurisdiction of the court, meaning within
10· ·questions, this is a breach of the agreement to　10· ·100 miles of the court, when the deposition is
11· ·conduct his deposition remotely, and his deposition　11· ·taken.· No one other than the debtor's
12· ·will immediately be taken in person.· Both sides are　12· ·interpreter and his attorney from
13· ·clear that deciding to not answer a question by　13· ·Zeisler & Zeisler may be in the room with the
14· ·asserting his Fifth Amendment rights is not an　14· ·debtor when he is deposed.· The debtor may not
15· ·option for the debtor to consider at this time.　15· ·communicate with anyone other than his counsel
16· · · · · · ·The remote deposition is being offered in　16· ·from Zeisler & Zeisler when the deposition is
17· ·good faith because the debtor requested it, not　17· ·on the record.
18· ·because of need or the trustee's acknowledgment that　18· · · · The debtor's interpreter is not to
19· ·a remote deposition of the debtor is appropriate　19· ·communicate with the debtor while we are on the
20· ·here or going forward.· And any attempt to　20· ·record.· The only interpreter is the official
21· ·substantively answer and not assert his Fifth　21· ·one, Ms. Jingyi Wang.· The debtor's interpreter
22· ·Amendment rights is a breach of this agreement.　22· ·is there to help the debtor communicate with
23· · · · · · ·I'm sorry.· We're going to need to go off　23· ·Zeisler & Zeisler on breaks and to advise
24· ·the record.· My computer just crashed.· I apologize.　24· ·Zeisler & Zeisler regarding the translation
25· · · · · · ·THE VIDEOGRAPHER:· We're going off the　25· ·while the deposition is ongoing.· The debtor's
Page 10　Page 11

·1· · · · · · · · · · H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· ·interpreter is not to speak on the record.　·2· · · · to a client on the record without taking a
·3· · · · The debtor is to have access to no devices　·3· · · · break to determine if a break is necessary, it
·4· ·that can send or receive messages while the　·4· · · · may need to be through Ms. Wilkinson, but I'm
·5· ·deposition is on the record.· The debtor is not　·5· · · · not anticipating any issues.
·6· ·to send or read messages during the deposition　·6· · · · · · ·MR. LUFT:· Fine.
·7· ·while it is on the record.　·7· · · · · · ·And Ms. Bergamasco, you remain in
·8· · · · Are we -- all counsel, are we all still in　·8· · · · agreement to these terms?
·9· ·agreement as to these stipulated agreements?　·9· · · · · · ·MS. BERGAMASCO:· Can you repeat that?
10· · · · MR. ROMNEY:· Yes.· That's correct.· The　10· · · · · · ·MR. LUFT:· Just confirming that your firm
11· ·only qualification I would say is, to the　11· · · · remains in agreement to the terms that have

12· ·extent I need to say something on the record　12· · · · been agreed upon that I have just set forth.
13· ·that requires the debtor to understand　13· · · · · · ·MS. BERGAMASCO:· Yes.
14· ·Ms. Wilkinson -- to the extent I need to　14· · · · · · ·MR. LUFT:· Great.
15· ·communicate with the debtor, it will be through　15· ·BY MR. LUFT:
16· ·Ms. Wilkinson.　16· · · · Q.· ·Mr. Kwok, you have been extremely patient.
17· · · · MR. LUFT:· Mr. Romney, while we're on the　17· ·Thank you for that.
18· ·record, I'd ask that you use Ms. Wang to speak　18· · · · · · ·Mr. Kwok, can I ask you to state your name
19· ·to the debtor.· To extent you need to speak to　19· ·and your residence for the record?
20· ·him about privilege, let's go off the record,　20· · · · A.· ·My Chinese name is Kwok Ho Wan.· My
21· ·in which case, you can use Ms. Wilkinson　21· ·address is on the Fifth Avenue in New York.· It's
22· ·however you need to, to speak to him.　22· ·the Sherry-Netherlands, but I can't remember the
23· · · · MR. ROMNEY:· Sure.· I think that's　23· ·exact number.· It's either 768 or 769.
24· ·generally correct.· To the extent that, like in　24· · · · Q.· ·And Mr. Kwok, are you in that address
25· ·a typical setting, where I would say something　25· ·right now?

Page 12　Page 13
·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · A.· ·Yes.　·2· · · · A.· ·Okay.· That's fine.
·3· · · · Q.· ·Okay.· Mr. Kwok, I know you've been　·3· · · · Q.· ·Mr. Kwok, is anyone in the room with you
·4· ·deposed before, but I just want to go over some　·4· ·today?
·5· ·basic ground rules just so we are on the same page;　·5· · · · A.· ·My attorney and the Interpreter, Una.
·6· ·is that okay?　·6· · · · Q.· ·Is your attorney Mr. Romney?
·7· · · · A.· ·Okay.　·7· · · · A.· ·I only know him by Aaron.· I'm not sure
·8· · · · Q.· ·Mr. Kwok, do you understand that you're　·8· ·about his other name.
·9· ·testifying under oath today?　·9· · · · · · ·MR. LUFT:· Mr. Romney, that is you,
10· · · · A.· ·Yes, I understand.　10· · · · correct?
11· · · · Q.· ·And by that, all your -- any testimony you　11· · · · · · ·MR. ROMNEY:· Yes, it is me, Avi.· Aaron
12· ·offer must be truthful.　12· · · · Romney.
13· · · · · · ·Do you understand that?　13· ·BY MR. LUFT:
14· · · · A.· ·Yes, I understand.　14· · · · Q.· ·And your interpreter is Una Wilkinson,
15· · · · Q.· ·Is there any reason that you cannot offer　15· ·correct?
16· ·truthful testimony today?　16· · · · A.· ·Yes.
17· · · · A.· ·No.　17· · · · Q.· ·Is there anyone else in the room with you
18· · · · Q.· ·Mr. Kwok, can we have an agreement that if　18· ·today?
19· ·any of my questions are not clear to you, you will　19· · · · A.· ·No.

20· ·ask me -- you will let me know and ask me to　20· · · · Q.· ·Mr. Kwok, what is the name of your
21· ·clarify?　21· ·daughter?
22· · · · A.· ·Okay.· Thank you very much.　22· · · · A.· ·Kwok Mei.
23· · · · Q.· ·Mr. Kwok, if you don't tell me that　23· · · · Q.· ·And what is the name of your son?
24· ·something is unclear, could we have an agreement
25· ·that I can assume that you understand my question?　24· · · · A.· ·Kwok Qiang.
25· · · · Q.· ·Does he sometimes also go by the name

TSG Reporting - Worldwide· · 877-702-9580

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Page 14　Page 15

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· ·Mileson Kwok?　·2· · · · A.· ·Okay.
·3· · · · A.· ·Yes.　·3· · · · Q.· ·Mr. Kwok, at all times since the Lady May
·4· · · · Q.· ·And what is name of your wife?　·4· ·was purchased on February 23, 2015, by Hong Kong

·5· · · · A.· ·Yu Chang Chu.　·5· ·International Funds Investments Limited, which I
·6· · · · Q.· ·Mr. Kwok, did you do anything to prepare　·6· ·will also refer to as "HK International," you have
·7· ·for your deposition today?　·7· ·been the beneficial owner of the Lady May, correct?
·8· · · · A.· ·No.　·8· · · · A.· ·I assert the Fifth.
·9· · · · Q.· ·Did you meet with counsel to prepare for　·9· · · · Q.· ·At all times since the Lady May was
10· ·your deposition today?　10· ·purchased on February 23, 2015, by HK International,
11· · · · A.· ·No.　11· ·you, the debtor, have been the equitable owner of
12· · · · Q.· ·Did you review any documents in　12· ·the Lady May, correct?
13· ·preparation for your deposition today?　13· · · · A.· ·I plead the Fifth.

14· · · · A.· ·No.　14· · · · Q.· ·At all times since the Lady May was
15· · · · Q.· ·Did you review anything to refresh your　15· ·purchased on February 23, 2015, by HK International,
16· ·recollection for your deposition today?　16· ·you have controlled the Lady May?
17· · · · A.· ·No.　17· · · · A.· ·The Fifth.
18· · · · Q.· ·At this point, Mr. Kwok, we're going to　18· · · · Q.· ·At all times since the Lady May was
19· ·shift to the substantive part of your deposition to　19· ·purchased on February 23, 2015, by Hong Kong
20· ·which I understand it is your intention to plead the　20· ·International, you have been the legal owner of the
21· ·Fifth.　21· ·Lady May?
22· · · · · · ·I ask that you just let me finish asking　22· · · · · · ·THE WITNESS:· Ms. Wang, what is the

23· ·my question and allow the translator to fully　23· · · · question?· Is that the question whether I am?
24· ·translate it before you make any such assertion,　24· · · · · · ·MR. LUFT:· Yes.
25· ·okay?　25

Page 16　Page 17
·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· ·BY MR. LUFT:　·2· ·establishment of HK International, you have
·3· · · · Q.· ·Is my statement correct?　·3· ·controlled HK International, correct?

·4· · · · A.· ·The Fifth.　·4· · · · A.· ·The Fifth.
·5· · · · Q.· ·Mr. Kwok, you do not need Mei Guo's　·5· · · · Q.· ·Mr. Kwok, at all times since the
·6· ·permission to board the Lady May, correct?　·6· ·establishment of HK International, you have been its
·7· · · · A.· ·The Fifth.　·7· ·legal owner, correct?
·8· · · · Q.· ·Mr. Kwok, you do not need to ask Mei Guo's　·8· · · · A.· ·The Fifth.
·9· ·permission to use the Lady May, correct?　·9· · · · Q.· ·Mr. Kwok, at all times since the
10· · · · A.· ·The Fifth.　10· ·establishment of HK International, it has been -- it
11· · · · Q.· ·Mr. Kwok, you do not need to ask Mei Guo's　11· ·has been your alter ego, correct?
12· ·permission to direct the crew of the Lady May to　12· · · · · · ·THE INTERPRETER:· Counsel, could you
13· ·navigate the Lady May from location to location,　13· · · · please explain "alter ego"?

14· ·correct?　14· · · · · · ·MR. LUFT:· Just translate the term.· It's
15· · · · A.· ·The Fifth.　15· · · · a legal term.
16· · · · Q.· ·Mr. Kwok, at all times since the　16· · · · · · ·THE INTERPRETER:· I've got the legal term.
17· ·establishment of Hong Kong International Funds　17· · · · · · ·MR. LUFT:· Okay.
18· ·Investment Limited, you have been its beneficial　18· · · · · · ·THE WITNESS:· The Fifth.
19· ·owner, correct?　19· ·BY MR. LUFT:
20· · · · A.· ·The Fifth.　20· · · · Q.· ·Mr. Kwok, you're familiar with an entity
21· · · · Q.· ·Mr. Kwok, at all times since the　21· ·called "HK International Funds Investment USA
22· ·establishment of HK International, you have been its　22· ·Limited," or I may refer to it as "HK USA," correct?

23· ·equitable owner, correct?　23· · · · A.· ·The Fifth.
24· · · · A.· ·The Fifth.
25· · · · Q.· ·Mr. Kwok, at all times since the　24· · · · Q.· ·Mr. Kwok, at all times since the
25· ·establishment of HK USA, you have been its

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Page 18　Page 19

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· ·beneficial owner, correct?　·2· · · · A.· ·The Fifth.
·3· · · · A.· ·The Fifth.　·3· · · · Q.· ·Mr. Kwok, you directed Natasha Qu to
·4· · · · Q.· ·Mr. Kwok, at all times since the　·4· ·execute a declaration of trust, governing your
·5· ·establishment of HK USA, you have been its equitable　·5· ·shares in Hong Kong International on or about
·6· ·owner, correct?　·6· ·October 10, 2014, correct?
·7· · · · A.· ·The Fifth.　·7· · · · A.· ·The Fifth.
·8· · · · Q.· ·Mr. Kwok, at all times since the　·8· · · · · · ·MR. LUFT:· At this point, I'd ask the
·9· ·establishment of HK USA, you have controlled it,　·9· · · · court reporter to mark as Kwok PJR Deposition
10· ·correct?　10· · · · Exhibit 1, a copy of the declaration of trust
11· · · · A.· ·The Fifth.　11· · · · made on the 10th day of October 2014, as well

12· · · · Q.· ·Mr. Kwok, at all times since the　12· · · · as the certified translation we have of it.
13· ·establishment of HK USA, you have been its legal　13· · · · · · ·I'll ask my colleague, Mr. Farmer, to post
14· ·owner, correct?　14· · · · that if possible.
15· · · · A.· ·The Fifth.　15· · · · · · ·(Kwok PJR Exhibit 1 was received and
16· · · · Q.· ·Mr. Kwok, at all times since the　16· · · · marked for identification, as of this date.)
17· ·establishment of HK USA, it has been your alter ego,　17· ·BY MR. LUFT:
18· ·correct?　18· · · · Q.· ·Mr. Kwok, take a minute to review the
19· · · · A.· ·The Fifth.　19· ·Exhibit 1.
20· · · · Q.· ·Mr. Kwok, you know an individual named　20· · · · · · ·MR. ROMNEY:· Avi, may be the formatting of
21· ·Natasha Qu, correct?　21· · · · the screen.· I don't see Bates numbers on
22· · · · A.· ·The Fifth.　22· · · · there.
23· · · · Q.· ·Mr. Kwok, the transfer of HK International　23· · · · · · ·Have these been produced in connection
24· ·to Natasha Qu was done to hide your assets from your　24· · · · with the PJR proceeding?
25· ·creditors, correct?　25· · · · · · ·MR. LUFT:· There is no Bates number.· We

Page 20　Page 21
·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · have offered to produce it to you.　·2· ·the Lady May, correct?
·3· · · · · · ·MR. ROMNEY:· I'm sorry.· I'm not sure what　·3· · · · · · ·MR. ROMNEY:· Objection to form.
·4· · · · you're referring to.　·4· · · · A.· ·The Fifth.
·5· · · · · · ·THE WITNESS:· I'm done reading it.　·5· ·BY MR. LUFT:
·6· ·BY MR. LUFT:　·6· · · · Q.· ·Mr. Kwok, the Lady May was purchased on
·7· · · · Q.· ·Mr. Kwok, is this a true and correct copy　·7· ·your behalf, correct?
·8· ·of the Declaration of Trust you entered into with　·8· · · · A.· ·The Fifth.
·9· ·Natasha Kwok [sic] on October 10 -- Natasha Qu, on　·9· · · · Q.· ·Mr. Kwok, the Lady May was purchased for
10· ·October 10, 2014, relating to your shares of Hong　10· ·you to control and beneficially own, correct?
11· ·Kong International?　11· · · · A.· ·The Fifth.
12· · · · · · ·MR. ROMNEY:· Object to the form of the　12· · · · Q.· ·Mr. Kwok, all of the funds used to
13· · · · question.　13· ·purchase the Lady May were funds you owned and
14· · · · A.· ·The Fifth.　14· ·controlled, correct?
15· ·BY MR. LUFT:　15· · · · A.· ·The Fifth.
16· · · · Q.· ·Mr. Kwok, the signed copy of Exhibit 1,　16· · · · Q.· ·Mr. Kwok, you funded the purchase of the
17· ·the Declaration of Trust, dated October 10, 2014,　17· ·Lady May on February 23, 2015, with funds you
18· ·was given to your counsel Stevenson, Wong & Co. for　18· ·exclusively controlled to an entity named Bravo
19· ·them to retain on your behalf, correct?　19· ·Luck, correct?
20· · · · A.· ·The Fifth.　20· · · · A.· ·The Fifth.
21· · · · Q.· ·Mr. Kwok, pursuant to the terms of the　21· · · · Q.· ·Mr. Kwok, Bravo Luck is an entity that you
22· ·Declaration of Trust, even after Hong Kong　22· ·at all times have had exclusive control over,
23· ·International was transferred by you to Natasha Qu,　23· ·correct?
24· ·you still retained control and beneficial ownership　24· · · · A.· ·The Fifth.
25· ·of Hong Kong International and its assets, including　25· · · · Q.· ·Mr. Kwok, at all times, you have had
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Page 22　Page 23

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· ·exclusive control over the assets of Bravo Luck,　·2· · · · A.· ·The Fifth.
·3· ·correct?　·3· · · · Q.· ·Mr. Kwok, you directed Ms. Qu to transfer
·4· · · · A.· ·The Fifth.　·4· ·her purported ownership in Hong Kong International
·5· · · · Q.· ·Mr. Kwok, none of the funds used to　·5· ·to Mei Guo for the consideration of one Hong Kong
·6· ·purchase the Lady May belonged to your son, Mileson　·6· ·dollar on June 27, 2017, correct?
·7· ·Kwok, correct?　·7· · · · A.· ·The Fifth.

·8· · · · A.· ·The Fifth.　·8· · · · Q.· ·Mr. Kwok, you directed the transfer on
·9· · · · Q.· ·Mr. Kwok, you had the Lady May purchased　·9· ·June 27, 2017, of Ms. Qu's purported ownership of
10· ·by Hong Kong International for your own use,　10· ·HK International to Mei Guo for the consideration of
11· ·correct?　11· ·one Hong Kong dollar in an attempt to obscure your
12· · · · A.· ·The Fifth.　12· ·ownership of the Lady May, correct?
13· · · · Q.· ·Mr. Kwok, you directed Hong Kong　13· · · · A.· ·The Fifth.
14· ·International to purchase the Lady May with your own　14· · · · Q.· ·Mr. Kwok, you directed the transfer on
15· ·assets to attempt to obscure your ownership of the　15· ·June 27, 2017, of Ms. Qu's purported ownership of HK
16· ·Lady May, correct?　16· ·International to Mei Guo for the consideration of
17· · · · A.· ·The Fifth.　17· ·one Hong Kong dollar to try to shield the Lady May
18· · · · Q.· ·For clarity, when I refer to Bravo Luck,　18· ·from your creditors, correct?
19· ·you understand I'm referring to Bravo Luck Limited,　19· · · · A.· ·The Fifth.
20· ·correct?　20· · · · Q.· ·Mr. Kwok, the transfer on June 27, 2017,
21· · · · A.· ·The Fifth.　21· ·of Ms. Qu's purported ownership of HK International
22· · · · Q.· ·Mr. Kwok, you directed Hong Kong　22· ·to Mei Guo did not change the fact that you remained
23· ·International to purchase the Lady May with funds　23· ·in control of and the beneficial owner
24· ·you owned to shield the Lady May from your　24· ·of HK International, correct?
25· ·creditors, correct?　25· · · · · · ·MR. ROMNEY:· Object to the form.

Page 24　Page 25
·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · A.· ·The Fifth.　·2· · · · A.· ·The Fifth.
·3· ·BY MR. LUFT:　·3· ·BY MR. LUFT:
·4· · · · Q.· ·Let me just break that up, because there　·4· · · · Q.· ·Mr. Kwok, the transfer on June 27, 2017,
·5· ·was an objection.　·5· ·of Ms. Qu's purported ownership of HK International
·6· · · · · · ·The transfer on June 27, 2017, of Ms. Qu's　·6· ·to Mei Guo did not change the fact that you remained
·7· ·purported ownership of HK International to Mei Guo　·7· ·the beneficial owner of the Lady May both before and
·8· ·did not change the fact that you remained in control　·8· ·after the transfer, correct?
·9· ·of HK International following that transfer,　·9· · · · · · ·MR. ROMNEY:· Object to the form.
10· ·correct?　10· · · · A.· ·The Fifth.
11· · · · A.· ·The Fifth.　11· ·BY MR. LUFT:
12· · · · Q.· ·Mr. Kwok, the transfer on June 27, 2017,　12· · · · Q.· ·Mr. Kwok, you -- and by that, I mean
13· ·of Ms. Qu's purported ownership of HK International　13· ·yourself or through your agents -- directed the
14· ·to Mei Guo did not change the fact that you remained　14· ·formation of HK International Funds Investments USA
15· ·the beneficial owner of Hong Kong International　15· ·Limited on September 11, 2018, correct?
16· ·after that transfer, correct?　16· · · · A.· ·The Fifth.
17· · · · · · ·MR. ROMNEY:· Object to the form.　17· · · · Q.· ·Mr. Kwok, the Lady May was transferred to
18· · · · A.· ·The Fifth.　18· ·HK USA in an attempt to obscure your ownership of
19· ·BY MR. LUFT:　19· ·the Lady May, correct?
20· · · · Q.· ·Mr. Kwok, the transfer on June 27, 2017,　20· · · · · · ·MR. ROMNEY:· Object to the form.
21· ·of Ms. Qu's purported ownership of HK International　21· · · · A.· ·The Fifth.
22· ·to Mei Guo did not change the fact that you remained　22· ·BY MR. LUFT:
23· ·in control of the Lady May both before and after the　23· · · · Q.· ·Mr. Kwok, the Lady May was transferred to
24· ·transfer, correct?　24· ·HK USA at your direction in an attempt to shield it
25· · · · · · ·MR. ROMNEY:· Object to the form.　25· ·from your creditor, correct?

Page 26　Page 27

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · A.· ·The Fifth.　·2· ·Lady May paid by Golden Spring New York Limited,
·3· · · · Q.· ·Mr. Kwok, you have used the entities　·3· ·which I've been referring to as "Golden Spring,"
·4· ·Golden Spring and Lamp Capital to pay the expenses　·4· ·were paid with funds you control, correct?
·5· ·of the Lady May, correct?　·5· · · · A.· ·The Fifth.
·6· · · · · · ·MR. ROMNEY:· Object to the form.　·6· · · · Q.· ·Mr. Kwok, all expenses related to the
·7· · · · A.· ·The Fifth.　·7· ·Lady May paid by Golden Spring were paid with funds
·8· ·BY MR. LUFT:　·8· ·you owned, correct?
·9· · · · Q.· ·Mr. Kwok, you are the owner of　·9· · · · · · ·MR. ROMNEY:· Object to the form.
10· ·Golden Spring, correct?　10· · · · A.· ·The Fifth.
11· · · · · · ·MR. ROMNEY:· Object to the form.　11· ·BY MR. LUFT:
12· · · · A.· ·The Fifth.　12· · · · Q.· ·Mr. Kwok, all expenses related to the
13· ·BY MR. LUFT:　13· ·Lady May paid by Golden Spring were paid at your
14· · · · Q.· ·Mr. Kwok, all assets owned by Golden　14· ·direction, correct?
15· ·Spring belong to you, correct?　15· · · · A.· ·The Fifth.

16· · · · · · ·MR. ROMNEY:· Object to the form.　16· · · · Q.· ·Mr. Kwok, none of the expenses paid by
17· · · · A.· ·The Fifth.　17· ·Golden Spring for the Lady May were paid for with
18· ·BY MR. LUFT:　18· ·assets belonging to Mileson Kwok, correct?
19· · · · Q.· ·Mr. Kwok, you control Golden Springs　19· · · · · · ·MR. ROMNEY:· Object to the form.
20· ·Limited, correct?　20· · · · A.· ·The Fifth.
21· · · · A.· ·The Fifth.　21· ·BY MR. LUFT:
22· · · · Q.· ·Mr. Kwok, you have control of all assets　22· · · · Q.· ·Mr. Kwok, you are the equitable owner of
23· ·of Golden Spring, correct?　23· ·Lamp Capital, correct?
24· · · · A.· ·The Fifth.　24· · · · A.· ·The Fifth.
25· · · · Q.· ·Mr. Kwok, all expenses related to the　25· · · · Q.· ·Mr. Kwok, you are the beneficial owner of
Page 28　Page 29

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· ·Lamp Capital, correct?　·2· · · · A.· ·The Fifth.
·3· · · · A.· ·The Fifth.　·3· · · · Q.· ·Mr. Kwok, none of the expenses paid by
·4· · · · Q.· ·Mr. Kwok, you're the equitable owner of　·4· ·Lamp Capital related to the Lady May were paid with
·5· ·Golden Spring, correct?　·5· ·assets belonging to Mileson Kwok?
·6· · · · A.· ·The Fifth.　·6· · · · · · ·MR. ROMNEY:· Object to the form.
·7· · · · Q.· ·Mr. Kwok, you are the beneficial owner of　·7· · · · A.· ·The Fifth.
·8· ·Golden Spring, correct?　·8· ·BY MR. LUFT:
·9· · · · A.· ·The Fifth.　·9· · · · Q.· ·Mr. Kwok, none of the assets of
10· · · · Q.· ·Mr. Kwok, you have exclusive control over　10· ·Lamp Capital belong to Mr. Kwok -- Mr. Mileson Kwok,
11· ·Lamp Capital, correct?　11· ·correct?
12· · · · A.· ·The Fifth.　12· · · · · · ·MR. ROMNEY:· Object to the form.
13· · · · Q.· ·Mr. Kwok, all expenses related to the　13· · · · A.· ·The Fifth.
14· ·Lady May paid by Lamp Capital LLC were paid with　14· ·BY MR. LUFT:
15· ·assets you controlled, correct?　15· · · · Q.· ·Mr. Kwok, you have exclusive control over
16· · · · A.· ·The Fifth.　16· ·the assets of Lamp Capital, correct?
17· · · · Q.· ·Mr. Kwok, all expenses related to the　17· · · · A.· ·The Fifth.
18· ·Lady May paid by Lamp Capital LLC were paid with　18· · · · Q.· ·Mr. Kwok, your son Mileson Kwok has no
19· ·assets that you owned, correct?　19· ·control over the assets of Lamp Capital, correct?
20· · · · · · ·MR. ROMNEY:· Object to the form.　20· · · · A.· ·The Fifth.
21· · · · A.· ·The Fifth.　21· · · · Q.· ·Mr. Kwok, your son Mileson Kwok has no
22· ·BY MR. LUFT:　22· ·control over the assets of Golden Spring, correct?
23· · · · Q.· ·Mr. Kwok, all expenses related to the　23· · · · · · ·MR. ROMNEY:· Object to the form.
24· ·Lady May paid by Lamp Capital LLC were paid at your　24· · · · A.· ·The Fifth.
25· ·direction, correct?　25

of 38

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Page 30　Page 31

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· ·BY MR. LUFT:　·2· ·BY MR. LUFT:
·3· · · · Q.· ·Mr. Kwok, you asked Yvette Wang to take　·3· · · · Q.· ·Mr. Kwok, all actions taken by Max Krasner
·4· ·actions on your behalf related to the Lady May and　·4· ·that relate to the Lady May are taken at your
·5· ·HK USA and HK International, correct?　·5· ·direction, correct?
·6· · · · · · ·MR. ROMNEY:· Object to the form.　·6· · · · A.· ·The Fifth.
·7· · · · A.· ·The Fifth.　·7· · · · Q.· ·Mr. Kwok, all actions taken by Max Krasner
·8· ·BY MR. LUFT:　·8· ·related to the Lady May are taken on your behalf,
·9· · · · Q.· ·Mr. Kwok, you asked Max Krasner to take　·9· ·correct?
10· ·actions related to the Lady May, HK International,　10· · · · · · ·MR. ROMNEY:· Object to the form.
11· ·and HK USA on your behalf, correct?　11· · · · A.· ·The Fifth.
12· · · · · · ·MR. ROMNEY:· Objection.　12· ·BY MR. LUFT:
13· · · · A.· ·The Fifth.　13· · · · Q.· ·Mr. Kwok, all actions taken by Yvette Wang
14· ·BY MR. LUFT:　14· ·relating to HK International are taken at your
15· · · · Q.· ·Mr. Kwok, all actions taken by Yvette Wang　15· ·direction, correct?

16· ·relating to the Lady May are taken at your　16· · · · A.· ·The Fifth.
17· ·direction, correct?　17· · · · Q.· ·Mr. Kwok, all actions taken by Yvette Wang
18· · · · · · ·MR. ROMNEY:· Object to the form.　18· ·relating to HK USA are taken at your direction,
19· · · · A.· ·The Fifth.　19· ·correct?
20· ·BY MR. LUFT:　20· · · · · · ·MR. ROMNEY:· Object to the form.
21· · · · Q.· ·Mr. Kwok, all actions taken by Yvette Wang　21· · · · A.· ·The Fifth.
22· ·related to the Lady May are taken on your behalf,　22· ·BY MR. LUFT:
23· ·correct?　23· · · · Q.· ·Mr. Kwok, all actions taken by Yvette Wang
24· · · · A.· ·The Fifth.　24· ·relating to HK International are taken on your
25· · · · · · ·MR. ROMNEY:· Object to the form.　25· ·behalf, correct?

Page 32　Page 33
·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · · · ·MR. ROMNEY:· Object to the form.　·2· · · · · · ·MR. ROMNEY:· Object to the form.
·3· · · · A.· ·The Fifth.　·3· · · · A.· ·The Fifth.
·4· ·BY MR. LUFT:　·4· ·BY MR. LUFT:
·5· · · · Q.· ·Mr. Kwok, all actions taken by Yvette Wang　·5· · · · Q.· ·Mr. Kwok, all actions taken by Max Krasner
·6· ·relating to HK USA are taken on your behalf,　·6· ·as related to HK USA are taken on your behalf,
·7· ·correct?　·7· ·correct?
·8· · · · · · ·MR. ROMNEY:· Object to the form.　·8· · · · · · ·MR. ROMNEY:· Object to form.
·9· · · · A.· ·The Fifth.　·9· · · · A.· ·The Fifth.
10· ·BY MR. LUFT:　10· ·BY MR. LUFT:
11· · · · Q.· ·Mr. Kwok, all actions taken by Max Krasner　11· · · · Q.· ·Mr. Kwok, Yvette Wang is currently your
12· ·as related to HK International are taken at your　12· ·employee, correct?
13· ·direction, correct?　13· · · · A.· ·The Fifth.
14· · · · · · ·MR. ROMNEY:· Objection to form.　14· · · · Q.· ·Mr. Kwok, Ms. Wang has been your employee
15· · · · A.· ·The Fifth.　15· ·since at least 2015 and up through the present,
16· ·BY MR. LUFT:　16· ·correct?
17· · · · Q.· ·Mr. Kwok, all actions taken by Max Krasner　17· · · · A.· ·The Fifth.
18· ·as related to HK USA are taken at your direction,　18· · · · Q.· ·Mr. Kwok, Ms. Wang, since at least 2015
19· ·correct?　19· ·through the present, has acted as your agent,
20· · · · · · ·MR. ROMNEY:· Object to the form.　20· ·correct?
21· · · · A.· ·The Fifth.　21· · · · A.· ·The Fifth.

22· ·BY MR. LUFT:　22· · · · Q.· ·Mr. Kwok, Ms. Wang currently acts as your
23· · · · Q.· ·Mr. Kwok, all actions taken by Max Krasner　23· ·agent, correct?
24· ·as related to HK International are taken on your
25· ·behalf, correct?　24· · · · A.· ·The Fifth.
25· · · · Q.· ·Mr. Kwok, you know the current location of

of 38

Page 34　Page 35

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· ·Ms. Wang, correct?　·2· ·home address?
·3· · · · A.· ·The Fifth.　·3· · · · A.· ·The Fifth.
·4· · · · Q.· ·Mr. Kwok, at what location does Ms. Wang　·4· · · · Q.· ·Mr. Kwok, what is Mr. Krasner's current
·5· ·currently reside?　·5· ·phone number?
·6· · · · A.· ·The Fifth.　·6· · · · A.· ·The Fifth.
·7· · · · Q.· ·Mr. Kwok, Max Krasner is currently your　·7· · · · Q.· ·Mr. Kwok, you know how to get in touch
·8· ·employee, correct?　·8· ·with Ms. Yvette Wang, correct?

·9· · · · A.· ·The Fifth.　·9· · · · A.· ·The Fifth.
10· · · · Q.· ·Mr. Kwok, at all times Mr. Krasner has had　10· · · · Q.· ·Mr. Kwok, you have not shared that
11· ·any involvement with the Lady May, he has been your　11· ·information with the trustee, correct?
12· ·employee, correct?　12· · · · A.· ·The Fifth.
13· · · · A.· ·The Fifth.　13· · · · · · ·MR. ROMNEY:· Could the Interpreter ask the
14· · · · Q.· ·Mr. Kwok, at all times that you've had　14· · · · witness if he needs a break.
15· ·involvement with Mr. Krasner, he has acted as your　15· ·BY MR. LUFT:
16· ·agent, correct?　16· · · · Q.· ·Mr. Kwok, you know how to get in touch
17· · · · A.· ·The Fifth.　17· ·with Mr. Krasner, correct?
18· · · · Q.· ·Mr. Kwok, Mr. Krasner currently acts as　18· · · · · · ·MR. ROMNEY:· Avi, could you not hear what
19· ·your agent, correct?　19· · · · I just placed on the record.
20· · · · A.· ·The Fifth.　20· · · · · · ·MR. LUFT:· I did not hear you, Aaron.
21· · · · Q.· ·Mr. Kwok, you have Mr. Krasner's current　21· · · · Sorry.
22· ·contact information, including his address and his　22· · · · · · ·MR. ROMNEY:· Oh, I'm sorry.· I had asked
23· ·phone number, correct?　23· · · · if the Interpreter could ask the witness if he
24· · · · A.· ·The Fifth.　24· · · · needs a break.
25· · · · Q.· ·Mr. Kwok, what is Mr. Krasner's current　25· · · · · · ·THE INTERPRETER:· Oh, okay.

Page 36　Page 37
·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · · · ·(Complies.)　·2· · · · record at 11:47 a.m.
·3· · · · · · ·THE WITNESS:· Yes.· It's quite tiring. I　·3· · · · · · ·(Recess.)
·4· · · · need a break.　·4· · · · · · ·THE VIDEOGRAPHER:· We're back on the
·5· · · · · · ·MR. LUFT:· Okay.· Aaron, I have like two　·5· · · · record at 12:05 p.m.
·6· · · · more questions just to finish this.· Could we　·6· ·BY MR. LUFT:
·7· · · · just do that, and then we'll take a break?　·7· · · · Q.· ·Mr. Kwok, you have ultimate authority with
·8· · · · · · ·THE WITNESS:· Okay.　·8· ·respect to the movements of the Lady May, correct?
·9· ·BY MR. LUFT:　·9· · · · A.· ·The Fifth.
10· · · · Q.· ·Mr. Kwok, you know the contact　10· · · · Q.· ·Mr. Kwok, you have ultimate control over
11· ·information, including address and phone number, of　11· ·where the crew of the Lady May sails the yacht,
12· ·Mr. Krasner currently, correct?　12· ·correct?
13· · · · A.· ·The Fifth.　13· · · · A.· ·The Fifth.
14· · · · Q.· ·Mr. Kwok, you have not shared this　14· · · · Q.· ·Mr. Kwok, you gave instructions for the
15· ·information with the trustee, correct?　15· ·Lady May to be sailed from New York to Florida in
16· · · · A.· ·The Fifth.　16· ·2020, correct?

17· · · · · · ·MR. LUFT:· Aaron, if you want to take a　17· · · · A.· ·The Fifth.
18· · · · break now, that's fine.· How long would you　18· · · · Q.· ·Mr. Kwok, the Lady May was sailed from
19· · · · like?　19· ·New York to Florida in the fall of 2020 because you
20· · · · · · ·MR. ROMNEY:· How long do you want?· Five,　20· ·directed that it be done so, correct?
21· · · · ten minutes?　21· · · · A.· ·The Fifth.
22· · · · · · ·THE WITNESS:· Ten minutes.　22· · · · Q.· ·Mr. Kwok, you gave instructions for the
23· · · · · · ·MR. ROMNEY:· Ten minutes?　23· ·Lady May to be sailed from Florida to the Bahamas in
24· · · · · · ·MR. LUFT:· Sure.
25· · · · · · ·THE VIDEOGRAPHER:· We're going off the　24· ·the fall of 2020, correct?
25· · · · A.· ·The Fifth.

TSG Reporting - Worldwide· · 877-702-9580

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Page 38　Page 39

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · Q.· ·Mr. Kwok, the Lady May was sailed from　·2· · · · A.· ·The Fifth.
·3· ·Florida to the Bahamas in the fall of 2020 because　·3· · · · Q.· ·Mr. Kwok, when you directed the Lady May
·4· ·you instructed the crew for it to do so, correct?　·4· ·to sail to Europe in 2021, you and your daughter,
·5· · · · A.· ·The Fifth.　·5· ·Mei Guo, were aware that doing so would violate
·6· · · · Q.· ·Mr. Kwok, you instructed the Lady May to　·6· ·Ostrager's order and cause you to incur contempt
·7· ·be sailed to Europe in 2021, correct?　·7· ·fees, correct?
·8· · · · A.· ·The Fifth.　·8· · · · · · ·MR. ROMNEY:· Object to the form.
·9· · · · Q.· ·Mr. Kwok, the reason the Lady May was　·9· · · · A.· ·The Fifth.
10· ·sailed to Europe in 2021 was because you gave　10· ·BY MR. LUFT:
11· ·instructions for that to happen, correct?　11· · · · Q.· ·Mr. Kwok, the Lady May was returned to

12· · · · · · ·MR. ROMNEY:· Object to the form.　12· ·Connecticut waters in 2022 only because you directed
13· · · · A.· ·The Fifth.　13· ·that to happen, correct?
14· ·BY MR. LUFT:　14· · · · A.· ·The Fifth.
15· · · · Q.· ·Mr. Kwok, you gave directions for the　15· · · · Q.· ·Mr. Kwok, you're familiar with an
16· ·Lady May to be sailed to Europe to keep the Lady May　16· ·individual named William Je?
17· ·out of the hands of your creditors, correct?　17· · · · A.· ·The Fifth.
18· · · · A.· ·The Fifth.　18· · · · Q.· ·Mr. Kwok, William Je is a close family
19· · · · Q.· ·Mr. Kwok, the Lady May remained in Europe　19· ·friend, correct?
20· ·until you authorized it to return to the　20· · · · A.· ·The Fifth.
21· ·United States, correct?　21· · · · Q.· ·Mr. Kwok, Mr. Je is referred to by your
22· · · · A.· ·The Fifth.　22· ·daughter as "Uncle William," correct?
23· · · · Q.· ·Mr. Kwok, you're the only person who had　23· · · · A.· ·The Fifth.
24· ·the authority to order the Lady May to return to the　24· · · · Q.· ·Mr. Kwok, Mr. Je acts as an agent,
25· ·United States, correct?　25· ·correct?

Page 40　Page 41
·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · A.· ·The Fifth.　·2· ·control, correct?
·3· · · · Q.· ·Mr. Kwok, Mr. Je is currently acting as　·3· · · · · · ·MR. ROMNEY:· Object to the form.
·4· ·your agent in your business dealings, correct?　·4· · · · A.· ·The Fifth.
·5· · · · A.· ·The Fifth.　·5· ·BY MR. LUFT:
·6· · · · Q.· ·Mr. Kwok, in April of 2022, Mr. Je -- any　·6· · · · Q.· ·Mr. Kwok, any entities purportedly under
·7· ·actions Mr. Je took in relation to the Lady May were　·7· ·the control of William Je are actually entities
·8· ·as your agent, correct?　·8· ·under your control, correct?
·9· · · · A.· ·The Fifth.　·9· · · · · · ·MR. ROMNEY:· Object to the form.
10· · · · Q.· ·Mr. Kwok, any actions Mr. Je takes in　10· · · · A.· ·The Fifth.
11· ·connection with business dealings are taken at your　11· ·BY MR. LUFT:
12· ·direction, correct?　12· · · · Q.· ·Mr. Kwok, the loan agreement dated
13· · · · · · ·MR. ROMNEY:· Object to the form.　13· ·April 19, 2022, between Himalaya International
14· · · · A.· ·The Fifth.　14· ·Financial Group Limited as lender and HK USA as
15· ·BY MR. LUFT:　15· ·borrower was arranged at your request, correct?
16· · · · Q.· ·Mr. Kwok, with regard to any business　16· · · · A.· ·The Fifth.

17· ·dealings involving you and Mr. Je, Mr. Je is under　17· · · · Q.· ·Mr. Kwok, you control Himalaya
18· ·your control, correct?　18· ·International Financial Group Limited, correct?
19· · · · A.· ·The Fifth.　19· · · · · · ·THE WITNESS:· I want to speak with my
20· · · · Q.· ·Mr. Kwok, Mr. Je acts at your direction to　20· · · · attorney now.
21· ·generate funds for you through the use of the　21· · · · · · ·MR. LUFT:· Okay.
22· ·Himalaya Farms, correct?　22· · · · · · ·MR. ROMNEY:· Take five.
23· · · · A.· ·The Fifth.　23· · · · · · ·MR. LUFT:· Okay.
24· · · · Q.· ·Mr. Kwok, any assets purportedly under the
25· ·control of William Je are actually assets under your　24· · · · · · ·THE VIDEOGRAPHER:· We're going off the
25· · · · record at 12:17 p.m.

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Page 42　Page 43

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · · · ·(Recess.)　·2· ·Financial Group Limited will be made to entities
·3· · · · · · ·THE VIDEOGRAPHER:· We're back on the　·3· ·that you control, correct?
·4· · · · record at 12:24 p.m.　·4· · · · · · ·MR. ROMNEY:· Object to the form.
·5· ·BY MR. LUFT:　·5· · · · A.· ·The Fifth.
·6· · · · Q.· ·Mr. Kwok, you are the beneficial owner of　·6· ·BY MR. LUFT:
·7· ·Himalaya International Financial Group Limited,　·7· · · · Q.· ·Mr. Kwok, any payment of interest by
·8· ·correct?　·8· ·HK USA on account of the purported \$37 million loan
·9· · · · A.· ·The Fifth.　·9· ·from Himalaya International Financial Group Limited
10· · · · Q.· ·Mr. Kwok, all assets of Himalaya　10· ·will be paid to an entity that you control, correct?
11· ·International Financial Group Limited are under your　11· · · · · · ·MR. ROMNEY:· Object to the form.
12· ·control, correct?　12· · · · A.· ·The Fifth.
13· · · · A.· ·The Fifth.　13· ·BY MR. LUFT:
14· · · · Q.· ·Mr. Kwok, the \$37 million of funds　14· · · · Q.· ·Mr. Kwok, at the February 7, 2022,

15· ·Himalaya International Financial Group loaned to　15· ·evidentiary hearing before Justice Ostrager of the
16· ·HK USA were funds that you owned and controlled,　16· ·Supreme Court of the State of New York, your
17· ·correct?　17· ·interest was for the Court to find HK USA to be the
18· · · · A.· ·The Fifth.　18· ·beneficial owner and to have control of the
19· · · · Q.· ·Mr. Kwok, you control the \$37 million that　19· ·Lady May, correct?
20· ·was put in escrow by HK USA in connection with this　20· · · · · · ·MR. ROMNEY:· Object to the question.
21· ·Chapter 11 case, correct?　21· · · · · · ·THE INTERPRETER:· I didn't catch.· Someone
22· · · · A.· ·The Fifth.　22· · · · mentioned something after the question.
23· · · · Q.· ·Mr. Kwok, any repayment by HK USA of the　23· · · · · · ·MR. ROMNEY:· Could we have the question
24· ·principal \$37 million on account of the purported　24· · · · read back.
25· ·\$37 million loan from Himalaya International　25· · · · · · ·MR. LUFT:· Could we get it translated, and

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok　Page 45
·2· · · · then it can be read back.　·2· · · · A.· ·The Fifth.
·3· · · · · · ·THE INTERPRETER:· (Complies.)　·3· ·BY MR. LUFT:

·4· · · · · · ·MR. ROMNEY:· Could we hear the question　·4· · · · Q.· ·Mr. Kwok, you directed your counsel for
·5· · · · read back before?　·5· ·the February 7, 2022, evidentiary hearing to enter
·6· · · · · · ·(The last question was read back by the　·6· ·into a common interest agreement with HK USA and
·7· · · · Reporter.)　·7· ·Mei Guo in connection with that hearing, correct?
·8· · · · · · ·MR. ROMNEY:· Object to the form.　·8· · · · · · ·MR. ROMNEY:· I'm going to direct the
·9· · · · A.· ·The Fifth.　·9· · · · witness not to answer based on the
10· ·BY MR. LUFT:　10· · · · attorney-client privilege.
11· · · · Q.· ·Mr. Kwok, counsel for HK USA and Mei Guo　11· · · · · · ·MR. LUFT:· Mr. Romney, you know that is
12· ·appeared at the February 7, 2022, evidentiary　12· · · · pre-petition, and thus, any common interest
13· ·hearing, correct?　13· · · · belongs to the trustee, correct?
14· · · · A.· ·The Fifth.　14· · · · · · ·MR. ROMNEY:· Can the reporter read the
15· · · · Q.· ·Mr. Kwok, counsel for HK USA and Mei Guo　15· · · · question, please -- read back the question.
16· ·helped present your defense at the February 7, 2022,　16· · · · · · ·(The last question was read back by the
17· ·hearing, correct?　17· · · · Reporter.)
18· · · · · · ·MR. ROMNEY:· Object to the form.　18· · · · · · ·MR. ROMNEY:· You can answer.
19· · · · A.· ·The Fifth.　19· · · · A.· ·The Fifth.
20· ·BY MR. LUFT:　20· ·BY MR. LUFT:
21· · · · Q.· ·Mr. Kwok, counsel for HK USA and Mei Guo　21· · · · Q.· ·Mr. Kwok, HK USA and Mei Guo shared
22· ·worked with your counsel at the February 7, 2022,　22· ·identical interests to you in the court finding
23· ·hearing to prepare for and present your case,　23· ·HK USA was the beneficial owner and had control over
24· ·correct?　24· ·the Lady May for the February 7, 2022, evidentiary
25· · · · · · ·MR. ROMNEY:· Object to the form.　25· ·hearing before Justice Ostrager, correct?

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Page 46　Page 47

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · · · ·MR. ROMNEY:· Object to the form.　·2· · · · A.· ·The Fifth.
·3· · · · A.· ·The Fifth.　·3· ·BY MR. LUFT:
·4· ·BY MR. LUFT:　·4· · · · Q.· ·Mr. Kwok, all assets held by Golden Spring
·5· · · · Q.· ·Mr. Kwok, schedules you had filed in　·5· ·are really assets of your estate, correct?
·6· ·connection with your Chapter 11 filing should have　·6· · · · A.· ·The Fifth.
·7· ·included your beneficial ownership of the Lady May　·7· · · · Q.· ·Mr. Kwok, all assets held by Lamp Capital
·8· ·as an asset of your estate, correct?　·8· ·are really assets of your estate, correct?
·9· · · · · · ·MR. ROMNEY:· Object to the form.　·9· · · · A.· ·The Fifth.
10· · · · A.· ·The Fifth.　10· · · · Q.· ·Mr. Kwok, all assets held in the name of

11· ·BY MR. LUFT:　11· ·your son Mileson Kwok are really assets of your
12· · · · Q.· ·Mr. Kwok, the schedules you filed in　12· ·estate, correct?
13· ·connection with the Chapter 11 filing should have　13· · · · A.· ·The Fifth.
14· ·included your beneficial ownership of HK USA as an　14· · · · Q.· ·Mr. Kwok, all assets held in the name of
15· ·asset of the estate, correct?　15· ·your daughter Mei Guo are really assets of your
16· · · · · · ·MR. ROMNEY:· Object to the form.　16· ·estate, correct?
17· · · · A.· ·The Fifth.　17· · · · · · ·MR. ROMNEY:· Object to the form.
18· ·BY MR. LUFT:　18· · · · A.· ·The Fifth.
19· · · · Q.· ·Mr. Kwok, any assets of Golden Spring and　19· ·BY MR. LUFT:
20· ·Lamp Capital that have been used to pay the　20· · · · Q.· ·Mr. Kwok, all assets held in the name of
21· ·Lady May's expenses, including any legal fees　21· ·your wife Hing Chi Ngok are actually assets of your
22· ·related to it, should have been declared as assets　22· ·estate, correct?
23· ·of the estate on your schedules for your Chapter 11　23· · · · · · ·MR. ROMNEY:· Object to the form.
24· ·filing, correct?　24· · · · A.· ·The Fifth.
25· · · · · · ·MR. ROMNEY:· Object to the form.　25

Page 48　Page 49
·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· ·BY MR. LUFT:　·2· ·BY MR. LUFT:
·3· · · · Q.· ·Mr. Kwok, you have directed that numerous　·3· · · · Q.· ·Mr. Kwok, the reason you had these
·4· ·offshore companies, whether located in the BVI, Hong　·4· ·offshore entities set up and placed assets in them
·5· ·Kong, and elsewhere, be set up for purposes of　·5· ·is to attempt to hide your assets from your
·6· ·holding your assets, correct?　·6· ·creditors, correct?
·7· · · · A.· ·The Fifth.　·7· · · · A.· ·The Fifth.
·8· · · · Q.· ·Mr. Kwok, you have had these offshore　·8· · · · Q.· ·Mr. Kwok, all entities for which your
·9· ·companies set up in the name of your children, your　·9· ·daughter Mei Guo is a member, director, or principal
10· ·wife, and your business associates, correct?　10· ·are actually beneficially owned and controlled by
11· · · · A.· ·The Fifth.　11· ·you, correct?
12· · · · Q.· ·Mr. Kwok, regardless of whether any of　12· · · · · · ·MR. ROMNEY:· Object to form.
13· ·these entities are listed in the name of your wife,　13· · · · A.· ·The Fifth.
14· ·your daughter, your son, Ms. Wang, Mr. Krasner, or　14· ·BY MR. LUFT:
15· ·any of your other business associates, in fact, you　15· · · · Q.· ·Mr. Kwok, HK USA, HK International,
16· ·own and control each of these offshore entities,　16· ·Eastern Profit Corporation Limited, Whitecroft Shore
17· ·correct?　17· ·Limited, Anton Development Limited, Anton
18· · · · · · ·MR. ROMNEY:· Object to the form.　18· ·Development USA Limited LLC, GM27 LLC, Loss Draft
19· · · · A.· ·The Fifth.　19· ·LLC, Gypsy May Productions LLC, Gypsy May Food
20· ·BY MR. LUFT:　20· ·Service LLC, Hudson Diamond Holdings LLC, Hudson

21· · · · Q.· ·Mr. Kwok, the reason you had these　21· ·Diamond New York LLC, Allied Capital Global Limited,
22· ·offshore entities set up was to obscure your　22· ·Creative Apex Investment Limited, Crystal Breeze
23· ·ownership of the assets that they held, correct?　23· ·Investments Limited, Elite Well Global Limited,
24· · · · · · ·MR. ROMNEY:· Object to the form.
25· · · · A.· ·The Fifth.　24· ·Globalist International Limited, Infinite Increased
25· ·Limited, Infinium Developments Limited, Noble Fame

Page 50　Page 51

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· ·Global Limited, Rosy Acme Ventures Limited, Leading　·2· ·but not limited to living costs and legal expenses,
·3· ·Shine New York Limited, and Leading Shine Limited　·3· ·were provided by Mei Guo and any entity she owns or
·4· ·are all assets held in the name of your daughter but　·4· ·controls?
·5· ·that you actually own and control, correct?　·5· · · · · · ·MR. ROMNEY:· I apologize.· Could we have
·6· · · · · · ·MR. ROMNEY:· Object to the form.　·6· · · · that one read back as well.· I'm sorry.
·7· · · · A.· ·The Fifth.　·7· · · · · · ·(The last question was read back by the
·8· ·BY MR. LUFT:　·8· · · · Reporter.)
·9· · · · Q.· ·Mr. Kwok, all assets held in the name of　·9· · · · · · ·MR. ROMNEY:· Object to the form.
10· ·Mei Guo were purchased with funds exclusively owned　10· · · · A.· ·The Fifth.
11· ·and controlled by you, correct?　11· ·BY MR. LUFT:
12· · · · · · ·MR. ROMNEY:· Could the reporter read that　12· · · · Q.· ·Mr. Kwok, between 2015 and today, no funds
13· · · · back before the witness answers.　13· ·used to pay any expenses related to you, including
14· · · · · · ·(The last question was read back by the　14· ·but not limited to living costs and legal expenses,
15· · · · Reporter.)　15· ·were provided by any family members of yours
16· · · · A.· ·The Fifth.　16· ·residing in China, correct?
17· ·BY MR. LUFT:　17· · · · · · ·MR. ROMNEY:· Object to the form.
18· · · · Q.· ·Mr. Kwok, all assets held in the name of　18· · · · A.· ·The Fifth.
19· ·Mei Guo are exclusively owned and controlled by you,　19· ·BY MR. LUFT:
20· ·correct?　20· · · · Q.· ·Mr. Kwok, Mei Guo has no source of income
21· · · · · · ·MR. ROMNEY:· Object to the form.　21· ·other than from entities that you own and control,
22· · · · A.· ·The Fifth.　22· ·correct?
23· ·BY MR. LUFT:　23· · · · · · ·MR. ROMNEY:· Object to the form.
24· · · · Q.· ·Mr. Kwok, between 2015 and today, no funds　24· · · · A.· ·The Fifth.
25· ·used to pay any expenses related to you, including　25

Page 52　Page 53
·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· ·BY MR. LUFT:　·2· ·even after being transferred to Mileson Kwok,
·3· · · · Q.· ·Mr. Kwok, any funds Mei Guo receives from　·3· ·correct?
·4· ·any entity you own and control are gifts from you to　·4· · · · · · ·MR. ROMNEY:· Object to the form.
·5· ·her, correct?　·5· · · · A.· ·The Fifth.
·6· · · · · · ·MR. ROMNEY:· Object to the form.　·6· ·BY MR. LUFT:
·7· · · · A.· ·The Fifth.　·7· · · · Q.· ·Mr. Kwok, any funds Mileson Kwok receives
·8· ·BY MR. LUFT:　·8· ·from any entity you own and control are gifts from
·9· · · · Q.· ·Mr. Kwok, any funds that Mei Guo and any　·9· ·you, correct?
10· ·entities in her name received from any entity you　10· · · · · · ·MR. ROMNEY:· Object to the form.
11· ·own and control remain funds under your control even　11· · · · A.· ·The Fifth.
12· ·after being transferred to Ms. Guo, correct?　12· ·BY MR. LUFT:
13· · · · A.· ·The Fifth.　13· · · · Q.· ·Mr. Kwok, between 2015 and today, no funds
14· · · · Q.· ·Mr. Kwok, Mei Guo has never been the CEO　14· ·used to pay any expenses related to you, including
15· ·of Pangu Plaza, correct?　15· ·but not limited to living costs and legal expenses,
16· · · · · · ·MR. ROMNEY:· Object to the form.　16· ·were provided by Mileson Kwok and any entity he owns
17· · · · A.· ·The Fifth.　17· ·and controls?
18· ·BY MR. LUFT:　18· · · · · · ·MR. ROMNEY:· Object to the form.
19· · · · Q.· ·Mr. Kwok, Mileson Kwok has no source of　19· · · · A.· ·The Fifth.
20· ·income other from entities -- other than from　20· ·BY MR. LUFT:
21· ·entities that you own and control, correct?　21· · · · Q.· ·Mr. Kwok, all entities for which your son
22· · · · A.· ·The Fifth.　22· ·Mileson Kwok is named as a member, director or
23· · · · Q.· ·Mr. Kwok, any funds that Mileson Kwok and　23· ·principal are actually beneficially owned and
24· ·any entities in his name received from any entity
25· ·you own and control remain funds under your control　24· ·controlled by you, correct?
25· · · · · · ·MR. ROMNEY:· Object to the form.

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Page 54　Page 55

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · A.· ·The Fifth.　·2· ·your son Mileson Kwok are, in fact, owned and
·3· ·BY MR. LUFT:　·3· ·controlled by you, correct?
·4· · · · Q.· ·Mr. Kwok, Golden Spring New York Limited,　·4· · · · · · ·MR. ROMNEY:· Object to form.
·5· ·Lamp Capital LLC, Bravo Luck Limited, Infinity　·5· · · · A.· ·The Fifth.
·6· ·Treasury Management, Inc., Saraca Media Group, Inc.,　·6· ·BY MR. LUFT:
·7· ·K Legacy Limited, Well Origin Limited, ACA Hong Kong　·7· · · · Q.· ·Mr. Kwok, this includes the residence at
·8· ·Investment Holdings Group Limited, and　·8· ·5 Princess Gate, London, correct?
·9· ·Powerwell Flowable Limited are all entities held in　·9· · · · A.· ·The Fifth.
10· ·the name of your son Miles Kwok, but, in fact, are　10· · · · Q.· ·Mr. Kwok, you own and control your son
11· ·owned and controlled by you, correct?　11· ·Mileson Kwok's collection of cars, correct?
12· · · · · · ·MR. ROMNEY:· Object to the form.　12· · · · A.· ·The Fifth.
13· · · · A.· ·The Fifth.　13· · · · · · ·MR. ROMNEY:· Avi, we're getting pretty far
14· ·BY MR. LUFT:　14· · · · afield of the issues in this adversary
15· · · · Q.· ·Mr. Kwok, the entity known as Kingdom Rich　15· · · · proceeding.· I've been giving quite a bit of
16· ·Limited is owned and controlled by you, not your　16· · · · leeway, but I am going to have to start
17· ·son, correct?　17· · · · directing the witness not to answer, and we'll
18· · · · A.· ·The Fifth.　18· · · · move for a protective order if we have to.
19· · · · Q.· ·Mr. Kwok, all assets held in the name of　19· · · · · · ·I don't believe there's any allegations
20· ·your son Mileson Kwok were purchased with funds　20· · · · concerning cars in the counterclaims that we're
21· ·owned and controlled by you, correct?　21· · · · here discussing today.
22· · · · · · ·MR. ROMNEY:· Object to the form.　22· · · · · · ·MR. LUFT:· I disagree, I think.· But I
23· · · · A.· ·The Fifth.　23· · · · have a couple of wrap-up questions right here,
24· ·BY MR. LUFT:　24· · · · and then I think we'll -- my next set of
25· · · · Q.· ·Mr. Kwok, all assets held in the name of　25· · · · questions, I think you'll see -- I don't think

Page 56　Page 57
·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · there will be any dispute between us as to　·2· · · · · · ·MR. ROMNEY:· Object to the form.
·3· · · · their relevance.　·3· · · · A.· ·The Fifth.
·4· ·BY MR. LUFT:　·4· ·BY MR. LUFT:
·5· · · · Q.· ·Mr. Kwok, no assets held in the name of　·5· · · · Q.· ·Mr. Kwok, you were Hong Kong
·6· ·your son Mileson Kwok are owned or controlled by any　·6· ·International's sole shareholder and director up to
·7· ·of your -- his family members other than you,　·7· ·and through October 10, 2014, correct?
·8· ·correct?　·8· · · · A.· ·The Fifth.
·9· · · · · · ·MR. ROMNEY:· Object to the form.　·9· · · · Q.· ·Mr. Kwok, in October 2014, Natasha Qu,
10· · · · A.· ·The Fifth.　10· ·also known as Qu Guo Jiao was your financial
11· ·BY MR. LUFT:　11· ·manager, correct?
12· · · · Q.· ·Mr. Kwok, no assets held in the name of　12· · · · A.· ·The Fifth.
13· ·your son Mileson Kwok were purchased with funds　13· · · · Q.· ·And Ms. Qu handled your financial affairs
14· ·owned or controlled by any of its family members　14· ·at that time, correct?
15· ·other than you, correct?　15· · · · A.· ·The Fifth.
16· · · · · · ·MR. ROMNEY:· Object to the form.　16· · · · Q.· ·Mr. Kwok, at that time Ms. Qu was your
17· · · · A.· ·The Fifth.　17· ·employee and acted as your agent on all matters
18· ·BY MR. LUFT:　18· ·relating to your finances, correct?
19· · · · Q.· ·Mr. Kwok, on October 3, 2006, you　19· · · · · · ·MR. ROMNEY:· Object to the form.

20· ·incorporated a Hong Kong entity named Hong Kong　20· · · · A.· ·The Fifth.
21· ·International Funds Limited, which we've been　21· ·BY MR. LUFT:
22· ·referring to as HK International, correct?　22· · · · Q.· ·Mr. Kwok, the Declaration of Trust that
23· · · · A.· ·The Fifth.　23· ·was entered into between you and Ms. Qu, which has
24· · · · Q.· ·Mr. Kwok, at that time, all assets of Hong
25· ·Kong International belonged to you, correct?　24· ·been marked as Exhibit 1, identified Ms. Qu as the
25· ·trustee and you as the beneficiary, correct?

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·1· · · · · · · · · · · · ·H. Kwok
·1· · · · · · · · · · · · ·H. Kwok
·2· · · · · · ·MR. ROMNEY:· Object to the form.
·2· ·beneficiary under the agreement, correct?
·3· · · · A.· ·The Fifth.
·3· · · · · · ·MR. ROMNEY:· Object to the form.
·4· ·BY MR. LUFT:
·4· · · · A.· ·The Fifth.
·5· · · · Q.· ·Mr. Kwok, that Declaration of Trust which
·5· ·BY MR. LUFT:
·6· ·has been marked as Exhibit 1, which I'll refer to as
·6· · · · Q.· ·Mr. Kwok, the HK International Declaration
·7· ·"HK International Declaration of Trust," was entered
·7· ·of Trust that you entered into with Ms. Qu provides
·8· ·into with Ms. Qu -- sorry -- that was entered into
·8· ·that Ms. Qu would hold the shares in Hong Kong
·9· ·with Ms. Qu, authorized and requested Ms. Qu to hold
·9· ·International that you transferred to her as nominee
10· ·your main shares in Hong Kong International,
10· ·and in trust for you, correct?
11· ·correct?
11· · · · A.· ·The Fifth.
12· · · · · · ·MR. LUFT:· I'm going to strike that
12· · · · Q.· ·Mr. Kwok, pursuant to the HK International
13· · · · question, because I don't think it came across
13· ·Declaration of Trust that you entered into with
14· · · · clearly.
14· ·Ms. Qu, Ms. Qu was to exercise the rights in
15· ·BY MR. LUFT:
15· ·connection with the HK International shares that you
16· · · · Q.· ·Mr. Kwok, pursuant to the Hong Kong
16· ·transferred to her solely at your direction,
17· ·International Declaration of Trust you entered into
17· ·correct?
18· ·with Ms. Qu, you authorized and requested Ms. Qu to
18· · · · · · ·MR. ROMNEY:· Object to the form.
19· ·hold in your name shares in Hong Kong International,
19· · · · A.· ·The Fifth.
20· ·correct?
20· ·BY MR. LUFT:
21· · · · A.· ·The Fifth.
21· · · · Q.· ·Mr. Kwok, even after October 10, 2014, you
22· · · · Q.· ·Mr. Kwok, the Hong Kong International
22· ·continued to beneficially own HK International
23· ·Declaration of Trust that you entered into with
23· ·pursuant to the undisclosed HK International
24· ·Ms. Qu provides that the shares you transferred to
24· ·Declaration of Trust, correct?
25· ·Ms. Qu do not belong to Ms. Qu, but to you, as the
25· · · · · · ·MR. ROMNEY:· Object to the form.· Also,

·1· · · · · · · · · · · · ·H. Kwok
·1· · · · · · · · · · · · ·H. Kwok
·2· · · · asked and answered.
·2· · · · A.· ·The Fifth.
·3· · · · · · ·THE WITNESS:· Asked and answered.· Okay.
·3· ·BY MR. LUFT:
·4· · · · A.· ·The Fifth.
·4· · · · Q.· ·Mr. Kwok, in February 2015, you
·5· ·BY MR. LUFT:
·5· ·exclusively beneficially owned and controlled
·6· · · · Q.· ·Mr. Kwok, after October 10, 2014, you
·6· ·Bravo Luck Limited, correct?
·7· ·continued to control HK International, correct?
·7· · · · · · ·MR. ROMNEY:· Objection.
·8· · · · · · ·MR. ROMNEY:· Objection.· Asked and
·8· · · · A.· ·The Fifth.
·9· · · · answered.
·9· ·BY MR. LUFT:
10· · · · A.· ·I'm quite confused.· You're asking the
10· · · · Q.· ·Mr. Kwok, today you still beneficially own
11· ·same questions.· Every time, the same questions
11· ·and control Bravo Luck Limited, correct?
12· ·again and again.
12· · · · A.· ·The Fifth.
13· ·BY MR. LUFT:
13· · · · Q.· ·Mr. Kwok, on February 23, 2015, Bravo Luck
14· · · · Q.· ·Mr. Kwok, I don't believe I am.· Your
14· ·Limited transferred, at your direction, funds from a
15· ·counsel is free to raise an asked-and-answered
15· ·Bravo Luck bank account at UBS that you exclusively
16· ·objection, even though it is not an appropriate
16· ·control, correct?
17· ·objection at a deposition.· With that said, he's
17· · · · · · ·MR. ROMNEY:· Object to the form.
18· ·free to raise it, but I still will need you to
18· · · · A.· ·The Fifth.
19· ·answer the question.
19· · · · · · ·MR. LUFT:· I'm going to ask that the court
20· · · · A.· ·The Fifth.
20· · · · reporter mark as Kwok PJR Deposition Exhibit 2,
21· · · · Q.· ·Mr. Kwok, on February 23, 2015,
21· · · · document bearing the Bates stamp UBS00137
22· ·HK International purchased the Lady May for
22· · · · through 156.
23· ·EUR 28 million from Apsley Yacht Limited at your
23· · · · · · ·Will, that's tab 190, if you could put it
24· ·direction, correct?
24· · · · up.
25· · · · · · ·MR. ROMNEY:· Object to the form.
25· · · · · · ·(Kwok PJR Exhibit 2 was received and　Page 58　Page 59

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Page 62　Page 63

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · marked for identification, as of this date.)　·2· ·BY MR. LUFT:
·3· ·BY MR. LUFT:　·3· · · · Q.· ·This shows the UBS wire transfer of
·4· · · · Q.· ·Mr. Kwok, do you recognize this document?　·4· ·25 million for purposes of purchasing the Lady May?
·5· · · · · · ·MR. ROMNEY:· Could you make that larger?　·5· · · · · · ·MR. ROMNEY:· Is that a question?· I didn't
·6· · · · A.· ·The Fifth.　·6· · · · know if you were talking.
·7· ·BY MR. LUFT:　·7· · · · · · ·MR. LUFT:· I'm just setting it up.· I will
·8· · · · Q.· ·Mr. Kwok, this is a 2015 UBS bank　·8· · · · ask him a question once he can see it, Aaron.
·9· ·statement for Bravo Luck showing funds that you　·9· · · · · · ·MR. ROMNEY:· Yeah, yeah.· That's -- I just
10· ·beneficially owned and controlled in that account,　10· · · · wanted clarification.· Thank you.
11· ·correct?　11· · · · · · ·MR. LUFT:· Fine.· I didn't want to ask him
12· · · · A.· ·The Fifth.　12· · · · the question before he could see the document.
13· · · · Q.· ·Mr. Kwok, the funds held by -- in that　13· · · · · · ·MR. ROMNEY:· Yep.
14· ·Bravo Luck account on your behalf at UBS came from　14· · · · · · ·Could you make that a bit bigger, please.
15· ·Eastern Profit Corporation in the amount of　15· · · · · · ·Thank you.
16· ·370 million and Hong Kong International in the　16· ·BY MR. LUFT:
17· ·amount of 150 million, both entities that you owned　17· · · · Q.· ·Mr. Kwok, first of all, if we scroll down,
18· ·and controlled, correct?　18· ·do you recognize the signature on the document?
19· · · · · · ·MR. ROMNEY:· Object to the form.　19· · · · A.· ·The Fifth.
20· · · · A.· ·The Fifth.　20· · · · Q.· ·Mr. Kwok, that's your signature, correct?
21· · · · · · ·MR. LUFT:· I'll ask the court reporter to　21· · · · A.· ·The Fifth.
22· · · · mark, as Kwok PJR Deposition Exhibit 3, a　22· · · · Q.· ·Mr. Kwok, this is a UBS wire transfer
23· · · · document Bates-stamped UBS02746.　23· ·document showing the transfer of \$25 million of
24· · · · · · ·(Kwok PJR Exhibit 3 was received and　24· ·funds from the UBS bank account we just saw a
25· · · · marked for identification, as of this date.)　25· ·statement for in Exhibit 2 that were used for

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · H. Kwok　Page 65
·2· ·purchases of acquiring the Lady May for you,　·2· ·Sorry, Jingyi.
·3· ·correct?

·3· · · · MR. ROMNEY:· What's your over/under on
·4· · · · A.· ·The Fifth.　·4· ·what you've got left for the day?
·5· · · · · · ·MR. ROMNEY:· Avi, has this Exhibit 2 been　·5· · · · (A discussion was held off the record.)
·6· · · · produced to the parties in this adversary　·6· · · · THE VIDEOGRAPHER:· We're going off the
·7· · · · proceeding?　·7· ·record at 1:22 p.m.
·8· · · · · · ·MR. LUFT:· I'll have to get back to you on　·8· · · · (At 1:22 p.m. a luncheon recess was
·9· · · · that.　·9· ·taken.)
10· · · · · · ·MR. ROMNEY:· Okay.· Thank you.　10· · · · (At 2:00 p.m. the deposition resumes.)
11· ·BY MR. LUFT:　11
12· · · · Q.· ·Mr. Kwok, you had exclusive control over　12
13· ·the UBS bank account that we have been discussing,　13
14· ·correct?　14
15· · · · A.· ·The Fifth.　15
16· · · · Q.· ·Mr. Kwok, your son Mileson Kwok had no　16
17· ·involvement in any transaction relating to　17
18· ·HK International's acquisition of the Lady May,　18
19· ·correct?　19
20· · · · A.· ·The Fifth.　20
21· · · · · · ·MR. LUFT:· Aaron, it is 1:22.· Do you guys　21
22· · · · want to take a lunch break?· Do you want to　22
23· · · · keep going?　23
24· · · · · · ·I'm also conscious of the court reporter
25· · · · and the videographer -- and the translator.　24
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Page 66　Page 67

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· ·************************************************　·2· ·Lady May, correct?
·3· · · · · · A F T E R N O O N· ·S E S S I O N　·3· · · · A.· ·The Fifth.
·4· ·************************************************　·4· · · · Q.· ·Mr. Kwok, the boat contribution under the
·5· · · · · · ·THE VIDEOGRAPHER:· We're back on the　·5· ·proposed plan was not actually a contribution to be
·6· · · · record at 2:00 p.m.　·6· ·made by HK USA because your estate already
·7· ·BY MR. LUFT:　·7· ·beneficially owned and controlled the Lady May,
·8· · · · Q.· ·Good afternoon, Mr. Kwok.　·8· ·correct?

·9· · · · A.· ·Good afternoon.　·9· · · · · · ·MR. ROMNEY:· Object to the form.
10· · · · Q.· ·Mr. Kwok, you're familiar with the　10· · · · A.· ·The Fifth.
11· ·proposed Chapter 11 plan that was submitted in your　11· ·BY MR. LUFT:
12· ·Chapter 11 case, correct?　12· · · · Q.· ·Mr. Kwok, you're aware that HK USA filed
13· · · · A.· ·The Fifth.　13· ·an adversary proceeding against you claiming
14· · · · Q.· ·Mr. Kwok, you're aware that under the plan　14· ·ownership of the Lady May, correct?
15· ·proposed and put forth by your counsel at　15· · · · A.· ·The Fifth.
16· ·Brown Rudnick, there was a reference to there being　16· · · · Q.· ·Mr. Kwok, you're aware that that adversary
17· ·a quote-unquote "boat contribution," correct?　17· ·proceeding was filed by HK USA so that the Lady May
18· · · · A.· ·The Fifth.　18· ·would be treated as a contribution by HK USA and
19· · · · Q.· ·Mr. Kwok, under the plan for the boat　19· ·your daughter Mei Guo for purposes of justifying
20· ·contribution, that provided for the Lady May to be　20· ·them receiving a release under the plan, correct?
21· ·contributed to a creditor trust, correct?　21· · · · · · ·MR. ROMNEY:· Object to the form.
22· · · · A.· ·The Fifth.　22· · · · A.· ·The Fifth.
23· · · · Q.· ·Mr. Kwok, at the time the Chapter 11 plan　23· ·BY MR. LUFT:
24· ·was proposed, including the boat contribution, you　24· · · · Q.· ·Mr. Kwok, the plan to file the adversary
25· ·were the beneficial owner and controlled the　25· ·proceeding simultaneous with the boat contribution

Page 68　Page 69
·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· ·under the plan was a joint plan arrived at by your　·2· · · · HK International Funds Investments (USA)
·3· ·counsel as well as counsel for HK USA, correct?　·3· · · · Limited, LLC to transport and deliver that
·4· · · · A.· ·The Fifth.　·4· · · · Certain Yacht, the "Lady May" -- be marked as
·5· · · · Q.· ·Mr. Kwok, you were represented by a man　·5· · · · Kwok PJR Deposition Exhibit No. 4, and that it
·6· ·named Aaron Mitchell for purposes of these　·6· · · · be shown to the witness.
·7· ·proceedings, correct?　·7· · · · · · ·(Kwok PJR Exhibit 4 was received and
·8· · · · A.· ·The Fifth.　·8· · · · marked for identification, as of this date.)
·9· · · · Q.· ·Mr. Mitchell was simultaneously serving as　·9· ·BY MR. LUFT:
10· ·counsel to HK USA and Mei Guo, correct?　10· · · · Q.· ·Mr. Kwok, through your counsel, you've
11· · · · · · ·MR. ROMNEY:· Object to the form.　11· ·agreed to be bound by this order, correct?
12· · · · A.· ·The Fifth.　12· · · · A.· ·I don't understand the English.

13· ·BY MR. LUFT:　13· · · · Q.· ·My question is did you direct your counsel
14· · · · Q.· ·For purposes of representing you for your　14· ·to agree that you'd be bound by this stipulated
15· ·Chapter 11 proceeding and HK USA and Mei Guo in　15· ·order which has been marked as Exhibit 4?
16· ·connection with the Chapter 11 proceeding in the　16· · · · A.· ·The Fifth.
17· ·adversary action, you believe there to be no　17· · · · Q.· ·Mr. Kwok, you directed counsel for HK USA
18· ·conflict of interest for Mr. Mitchell because you　18· ·to agree to be bound by this agreement, correct?
19· ·beneficially owned and controlled both your estate　19· · · · A.· ·The Fifth.
20· ·and HK USA and the Lady May, correct?　20· · · · Q.· ·Mr. Kwok, as the beneficial owner and the
21· · · · A.· ·The Fifth.　21· ·person in control of HK USA, you instructed your
22· · · · · · ·MR. LUFT:· I'm going to ask that Kwok　22· ·daughter to agree to be bound by this agreement,
23· · · · PJR Deposition Exhibit 4 -- let me strike that.　23· ·correct?
24· · · · · · ·I'm going to ask that ECF299 -- which is
25· · · · the stipulated order compelling　24· · · · A.· ·The Fifth.
25· · · · Q.· ·Mr. Kwok, you agreed for William Je to

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·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok　Page 71

·2· ·send \$37 million to be posted as a bond on April 13,　·2· ·BY MR. LUFT:
·3· ·2022, correct?　·3· · · · Q.· ·For clarity, Mr. Kwok, you owned and
·4· · · · A.· ·The Fifth.　·4· ·controlled Himalaya International Financial Group in
·5· · · · Q.· ·Mr. Kwok, the loan agreement between　·5· ·April 2022, correct?
·6· ·Mr. Je's -- let me strike that.　·6· · · · · · ·MR. ROMNEY:· Asked and answered.
·7· · · · · · ·Mr. Kwok, the loan agreement between　·7· · · · A.· ·The Fifth.
·8· ·Himalaya Capital and HK USA, both entities that you　·8· ·BY MR. LUFT:
·9· ·own and control, was agreed to on April 19, 2022,　·9· · · · Q.· ·Mr. Kwok, the terms set out in Exhibit 4,
10· ·correct?　10· ·which is the stipulated order compelling
11· · · · · · ·MR. ROMNEY:· Object to the form.　11· ·HK International Funds Investments to transport and
12· · · · A.· ·The Fifth.　12· ·deliver the Lady May, were irrelevant to your
13· ·BY MR. LUFT:　13· ·decision to have Himalaya International Financial

14· · · · Q.· ·Mr. Kwok, you directed both HK USA and　14· ·Group loan \$37 million to HK USA, correct?
15· ·Himalaya Capital to enter into the \$37 million loan　15· · · · · · ·MR. ROMNEY:· Object to the form.
16· ·agreement, correct?　16· · · · A.· ·The Fifth.
17· · · · A.· ·The Fifth.　17· ·BY MR. LUFT:
18· · · · Q.· ·Mr. Kwok, sorry.· I have been referring to　18· · · · Q.· ·Mr. Kwok, you would have had -- sorry.
19· ·them as "Himalaya International Capital."· What I　19· ·Let me strike that.
20· ·meant was Himalaya International Financial Group　20· · · · · · ·Mr. Kwok, HK USA entered into the
21· ·Limited.　21· ·\$37 million loan with Himalaya International
22· · · · · · ·Does that correction change any of your　22· ·Financial Group Limited at your direction regardless
23· ·answers?　23· ·of any terms that were to be agreed to regarding the
24· · · · · · ·MR. ROMNEY:· Objection.　24· ·stipulated order compelling the return of the
25· · · · A.· ·The Fifth.　25· ·Lady May, correct?

Page 72　Page 73
·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · A.· ·The Fifth.　·2· · · · Q.· ·Mr. Kwok, you have exclusive control over
·3· · · · · · ·MR. ROMNEY:· Could I have that question　·3· ·ACA Capital Group Limited, correct?
·4· · · · read back?　·4· · · · A.· ·The Fifth.
·5· · · · · · ·THE WITNESS:· Sorry.· I think I had --　·5· · · · Q.· ·Mr. Kwok, you're the beneficial owner of
·6· · · · perhaps I had something bad for lunch.· I'm　·6· ·all assets of ACA Capital Group Limited, correct?
·7· · · · feeling uncomfortable and I need to use the　·7· · · · A.· ·The Fifth.
·8· · · · bathroom and it might take a while.　·8· · · · Q.· ·And Mr. Kwok, you have exclusive control
·9· · · · · · ·MR. LUFT:· Mr. Kwok, that's fine.· Take　·9· ·over the assets of ACA Capital Group Limited,
10· · · · care of whatever needs that you have and I will　10· ·correct?
11· · · · be here when you get back.　11· · · · A.· ·The Fifth.
12· · · · · · ·THE VIDEOGRAPHER:· We're going off the　12· · · · Q.· ·Mr. Kwok, you have exclusive control over
13· · · · record at 2:18 p.m.　13· ·Saraca Media Group Limited, correct?
14· · · · · · ·(Recess.)　14· · · · A.· ·The Fifth.
15· · · · · · ·THE VIDEOGRAPHER:· We're back on the　15· · · · Q.· ·Mr. Kwok, you have exclusive beneficial
16· · · · record at 2:27 p.m.　16· ·ownership of Saraca Media Group, correct?

17· ·BY MR. LUFT:　17· · · · · · ·Mr. Kwok, you have exclusive beneficial --
18· · · · Q.· ·Mr. Kwok, prior to Himalaya International　18· ·you're the exclusive beneficial owner of
19· ·Financial Group Limited, the party -- the entity　19· ·Saraca Media Group, correct?
20· ·that was going to loan HK USA the \$37 million was　20· · · · A.· ·The Fifth.
21· ·ACA Capital Group Limited, correct?　21· · · · Q.· ·Mr. Kwok, the reason you had \$37 million
22· · · · A.· ·The Fifth.　22· ·sent over to post as a bond was so that you could
23· · · · Q.· ·Mr. Kwok, you're the exclusive beneficial　23· ·stay out of jail, correct?
24· ·owner of ACA Capital Group Limited, correct?
25· · · · A.· ·The Fifth.　24· · · · · · ·MR. ROMNEY:· Object to the form.
25· · · · A.· ·The Fifth.

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·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· ·BY MR. LUFT:　·2· · · · return to this exhibit and I'll investigate how
·3· · · · Q.· ·Mr. Kwok, because you're motivated by　·3· · · · to adjust the audio.
·4· ·staying out of jail, you would have had the　·4· · · · · · ·MR. LUFT:· Why don't we play it through
·5· ·\$37 million sent over to post as a bond regardless　·5· · · · once without the sound and we will do what we
·6· ·of any terms associated with its return or how it　·6· · · · can do and, Will, you can work on it.
·7· ·would be handled once the Lady May arrived, correct?　·7· · · · · · ·Will, could you play Exhibit 5.
·8· · · · · · ·MR. ROMNEY:· Object to the form.　·8· · · · · · ·MR. FARMER:· (Complies.)
·9· · · · A.· ·The Fifth.　·9· · · · · · ·(Video played without audio.)
10· · · · · · ·MR. LUFT:· Mr. Kwok, I want to show you　10· ·BY MR. LUFT:
11· · · · what I'll mark as an exhibit, a video from Vice　11· · · · Q.· ·Mr. Kwok, do you recognize that you are
12· · · · that I'll ask my colleague to play.· It will be　12· ·one of the people in that video?
13· · · · marked as Exhibit 5.　13· · · · A.· ·The Fifth.
14· · · · · · ·(Kwok PJR Exhibit 5 was received and　14· · · · Q.· ·Mr. Kwok, while we could not hear the
15· · · · marked for identification, as of this date.)　15· ·audio, under the subtitles there were repeated
16· · · · · · ·THE WITNESS:· Is there a question?　16· ·references by you saying -- referring to "my yacht,"
17· · · · · · ·MR. LUFT:· I'm sorry, Mr. Kwok, there was　17· ·correct?
18· · · · not.· There was not any audio.· Once I can get　18· · · · A.· ·The Fifth.
19· · · · it to play, I'll ask you a question.　19· · · · Q.· ·And Mr. Kwok, the yacht you were referring
20· · · · · · ·Anyone hear sound?　20· ·to when you told the interviewer from Vice News
21· · · · · · ·MR. ROMNEY:· We do not hear any sound.　21· ·about "my yacht" was the Lady May, correct?
22· · · · · · ·MR. FARMER:· Sound issue.· Sorry.　22· · · · A.· ·The Fifth.
23· · · · · · ·MR. LUFT:· Take your time, Will.　23· · · · Q.· ·Mr. Kwok, Exhibit 5 appears to be a true
24· · · · · · ·THE WITNESS:· There's no sound.　24· ·and accurate copy of your interview with Vice News,
25· · · · · · ·MR. FARMER:· In that case, we may need to　25· ·correct?

Page 76　Page 77
·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · A.· ·The Fifth.　·2· ·2022, correct?
·3· · · · · · ·MR. LUFT:· Will, could I ask you to put up　·3· · · · A.· ·The Fifth.
·4· · · · the next video.· And we'll mark it as　·4· · · · · · ·MR. LUFT:· Will, could I ask you to play
·5· · · · Exhibit 6.　·5· · · · the next video, which we'll mark as Kwok
·6· · · · · · ·(Kwok PJR Exhibit 6 was received and　·6· · · · PJR Deposition Exhibit No. 7.
·7· · · · marked for identification, as of this date.)　·7· · · · · · ·(Kwok PJR Exhibit 7 was received and
·8· · · · · · ·(Video played with audio.)　·8· · · · marked for identification, as of this date.)
·9· ·BY MR. LUFT:　·9· · · · · · ·(Video played with audio.)
10· · · · Q.· ·Mr. Kwok, you are the person speaking in　10· ·BY MR. LUFT:
11· ·the video that is Exhibit 6, correct?　11· · · · Q.· ·Mr. Kwok, the person speaking in that
12· · · · A.· ·The Fifth.　12· ·video is you, correct?
13· · · · Q.· ·Mr. Kwok, you were aboard the Lady May at　13· · · · A.· ·The Fifth.
14· ·the time of the video, correct?　14· · · · Q.· ·And in the video, Mr. Kwok, that's a true
15· · · · A.· ·The Fifth.　15· ·and accurate copy of an interview you gave,
16· · · · Q.· ·Mr. Kwok, this video was created in　16· ·Mr. Kwok?
17· ·November of 2022, correct?　17· · · · A.· ·The Fifth.
18· · · · A.· ·The Fifth.　18· · · · Q.· ·Mr. Kwok, in the video you talk about
19· · · · Q.· ·Mr. Kwok, this video was posted on Vetter　19· ·selling the Lady May, correct?
20· ·(phonetic) social media network you own and control,　20· · · · A.· ·The Fifth.
21· ·correct?　21· · · · Q.· ·Mr. Kwok, in the video you talk about how
22· · · · A.· ·The Fifth.　22· ·when you purchased the Lady May in 2015, it was
23· · · · Q.· ·Mr. Kwok, the video that has been marked　23· ·delivered to Miami at that time, correct?
24· ·as Exhibit 6 is a true and accurate copy of you　24· · · · A.· ·The Fifth.
25· ·speaking on the deck of the Lady May in November of　25· · · · Q.· ·Mr. Kwok, the Lady May has been in the

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·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· ·United States since 2015, correct?　·2· · · · Q.· ·Mr. Kwok, at no time during this period
·3· · · · A.· ·The Fifth.　·3· ·did your daughter, Mei Guo, ever step foot on the
·4· · · · Q.· ·Mr. Kwok, you have been in the　·4· ·Lady May, correct?
·5· ·United States the entire time that the Lady May has　·5· · · · A.· ·The Fifth.
·6· ·been in the United States, correct?　·6· · · · Q.· ·Mr. Kwok, your use of the Lady May between
·7· · · · · · ·Let me strike that.　·7· ·2015 and June 2017 is no different than your use of
·8· · · · · · ·Mr. Kwok, you have been residing in the　·8· ·the Lady May from June 2017 until the present,
·9· ·United States since 2015, correct?　·9· ·correct?
10· · · · A.· ·The Fifth.　10· · · · · · ·MR. ROMNEY:· Object to the form.
11· · · · Q.· ·Mr. Kwok, your daughter Mei Guo did not　11· · · · A.· ·The Fifth.

12· ·come to the United States until 2017, correct?　12· · · · · · ·THE WITNESS:· Ms. Wang, I need to go to
13· · · · · · ·MR. ROMNEY:· Object to the form.　13· · · · the bathroom again.· I'm feeling uncomfortable.
14· · · · A.· ·The Fifth.　14· · · · · · ·MR. LUFT:· Let's take a break so that you
15· ·BY MR. LUFT:　15· · · · can do so.
16· · · · Q.· ·Mr. Kwok, when the Lady May was purchased　16· · · · · · ·THE WITNESS:· I'm really sorry.
17· ·in 2015, it was not delivered to the location where　17· · · · · · ·MR. LUFT:· No.· Please, take care of
18· ·Mei Guo was living but, in fact, was delivered to　18· · · · yourself.
19· ·the United States where you were living, correct?　19· · · · · · ·THE VIDEOGRAPHER:· We're going off the
20· · · · A.· ·The Fifth.　20· · · · record at 2:49 p.m.
21· · · · Q.· ·Mr. Kwok, between the time the boat was　21· · · · · · ·(Recess.)
22· ·delivered to Miami in 2015 and June of 2017, you　22· · · · · · ·THE VIDEOGRAPHER:· We're back on the
23· ·used -- you boarded and sailed on the Lady May　23· · · · record at 2:54 p.m.
24· ·frequently, correct?　24· ·BY MR. LUFT:
25· · · · A.· ·The Fifth.　25· · · · Q.· ·Mr. Kwok, I'm going to ask my colleague to

Page 80　Page 81
·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· ·put back up Exhibit 5, which I'm told now we have　·2· ·BY MR. LUFT:
·3· ·audio for.　·3· · · · Q.· ·Mr. Kwok, you see yourself in the top
·4· · · · · · ·MR. FARMER:· One moment.　·4· ·left-hand corner of that call -- the video of that
·5· · · · · · ·(Video played with audio.)　·5· ·call, with the name Miles under you?
·6· ·BY MR. LUFT:　·6· · · · A.· ·The Fifth.
·7· · · · Q.· ·Mr. Kwok, now that you could hear the　·7· · · · Q.· ·Mr. Kwok, this is a true and accurate copy
·8· ·audio of that video, do you agree that that is a　·8· ·of a call that you conducted, correct?
·9· ·true and accurate copy of the interview that you　·9· · · · A.· ·The Fifth.
10· ·gave with Vice News?　10· · · · Q.· ·Mr. Kwok, on that call, you were telling
11· · · · A.· ·The Fifth.　11· ·participants that if they had any questions, they
12· · · · Q.· ·Mr. Kwok, you heard in that video which is　12· ·should reach out to William Je, correct?
13· ·Exhibit 5 multiple references to "my yacht,"　13· · · · A.· ·The Fifth.
14· ·correct?　14· · · · Q.· ·And Mr. Kwok, in this video of the call
15· · · · A.· ·The Fifth.　15· ·you conducted, you were telling the participants
16· · · · Q.· ·And Mr. Kwok, the yacht that you were　16· ·that if they had questions relating to transferring
17· ·referencing in Exhibit 5 repeatedly as "my yacht" is　17· ·funds to entities you own and control, they should
18· ·the Lady May, correct?　18· ·speak to your agent, William Je, correct?
19· · · · A.· ·The Fifth.　19· · · · A.· ·The Fifth.
20· · · · · · ·MR. LUFT:· I'll ask my colleague, Will　20· · · · · · ·MR. LUFT:· Will, could you please -- I'll
21· · · · Farmer, to post the next video, which we'll　21· · · · ask you to mark as Exhibit 9, the next exhibit,

22· · · · mark as Exhibit 8 for this deposition.　22· · · · which, I believe, is a Tweet dated
23· · · · · · ·(Kwok PJR Exhibit 8 was received and　23· · · · May 10, 2017.
24· · · · marked for identification, as of this date.)
25· · · · · · ·(Video played with audio.)　24· · · · · · ·(Kwok PJR Exhibit 9 was received and
25· · · · marked for identification, as of this date.)

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Page 82　Page 83

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· ·BY MR. LUFT:　·2· · · · A.· ·The Fifth.
·3· · · · Q.· ·Mr. Kwok, do you recognize yourself in　·3· · · · Q.· ·Do you see -- and this is a true and
·4· ·this exhibit?　·4· ·accurate copy of the Tweets you posted on August 27,
·5· · · · A.· ·The Fifth.　·5· ·2017, Mr. Kwok?
·6· · · · Q.· ·Mr. Kwok, this is a true and accurate copy　·6· · · · A.· ·The Fifth.
·7· ·of the Tweet you posted, correct?　·7· · · · Q.· ·Mr. Kwok, in this Tweet you refer to the
·8· · · · A.· ·The Fifth.　·8· ·Lady May as "my ship," correct?
·9· · · · Q.· ·And in this Tweet, Mr. Kwok, from May 10,　·9· · · · A.· ·The Fifth.
10· ·2017, you state that you're posting photos of "the　10· · · · Q.· ·And you wrote those words, correct, Mr.
11· ·yacht I gave to my daughter and named after her,"　11· ·Kwok?
12· ·correct?　12· · · · A.· ·The Fifth.
13· · · · A.· ·The Fifth.　13· · · · Q.· ·Mr. Kwok, in this Tweet you also write
14· · · · Q.· ·Mr. Kwok, in this Tweet you also wrote　14· ·"This was two years ago, when I was in Miami, when I
15· ·that "I bought the Lady May for EUR 41 million,"　15· ·had just signed the most important investment
16· ·correct?　16· ·contract of my life," exclamation point.
17· · · · A.· ·The Fifth.　17· · · · · · ·Do you see that?
18· · · · Q.· ·Mr. Kwok, you see below it, if we could　18· · · · A.· ·The Fifth.
19· ·scroll down, there's another Tweet from August 27,　19· · · · Q.· ·Mr. Kwok, who did you sign the most
20· ·2017.　20· ·important investment contract of your life with?
21· · · · · · ·Do you see that Mr. Kwok?　21· · · · A.· ·The Fifth.
22· · · · A.· ·Ms. Wang, what is the question?　22· · · · Q.· ·Mr. Kwok, you signed that investment
23· · · · Q.· ·Whether you see the Tweet from　23· ·contract on your own behalf, not acting as anyone
24· ·August 27, 2017 below the one where that is a　24· ·else's agent, correct?
25· ·picture of you?　25· · · · A.· ·The Fifth.

Page 84　Page 85
·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · Q.· ·Mr. Kwok, what did you do with the assets　·2· · · · · · ·MR. LUFT:· Yes, ma'am.
·3· ·you received from signing that investment contract?　·3· · · · A.· ·The Fifth.
·4· · · · A.· ·The Fifth.　·4· ·BY MR. LUFT:
·5· · · · Q.· ·Mr. Kwok, you own and control an entity　·5· · · · Q.· ·Mr. Kwok, a man named Elliot Dordick is
·6· ·called "HCHK Property Management Inc.," correct?　·6· ·affiliated with HCHK Technologies, Inc., and HCHK
·7· · · · A.· ·The Fifth.　·7· ·Property Management, Inc., correct?
·8· · · · Q.· ·Mr. Kwok, and for the record, when　·8· · · · A.· ·The Fifth.
·9· ·referencing the video exhibits I've shown you today,　·9· · · · Q.· ·Mr. Kwok, all actions and statements made
10· ·your answers would not change if I was describing　10· ·and taken by Mr. Dordick in relation to the
11· ·the videos as true and correct recordings as opposed　11· ·Chapter 11 trustee in this case, (indiscernible),
12· ·to true and correct copies, correct?　12· ·have been done at your direction and under your
13· · · · A.· ·In this one, what's the question?　13· ·control?
14· · · · Q.· ·When referencing the video exhibits we've　14· · · · · · ·MR. ROMNEY:· I'm going to object.· Again,
15· ·looked at today, meaning Exhibits 5, 6, 7, and 8, I　15· · · · we seem to be getting pretty far outside the
16· ·asked you if they were true and correct copies.　16· · · · scope of anything in this adversary proceeding.
17· · · · · · ·And what I want to know is, your answers　17· · · · · · ·Go ahead an answer this one, but absent an
18· ·would not change if I also asked you the same　18· · · · offer of proof, I'm going to start instructing
19· ·question as to whether they're true and accurate　19· · · · the witness not to answer to this line.
20· ·recordings of those videos, correct?　20· · · · · · ·Go ahead.
21· · · · A.· ·The Fifth.　21· · · · A.· ·The Fifth.
22· · · · Q.· ·Mr. Kwok, you own and control a property　22· ·BY MR. LUFT:
23· ·called "HCHK Technologies Inc.," correct?
24· · · · · · ·THE INTERPRETER:· HCHK Technologies, Inc.,　23· · · · Q.· ·Mr. Kwok, in addition to the Lady May, you
24· ·also own and control a second boat named the
25· · · · is that the company's name?　25· ·Lady May II, correct?

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Page 86　Page 87

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · A.· ·The Fifth.　·2· ·Limited, Saraca Media Group, Greenwich Land LLC,
·3· · · · Q.· ·The Lady May II, like the Lady May, is　·3· ·Rule of Law Society, and the Sherry-Netherland
·4· ·also an asset of your estate, correct?　·4· ·apartment were all taken at your direction, correct?
·5· · · · · · ·MR. ROMNEY:· Object to the form.　·5· · · · A.· ·The Fifth.
·6· · · · A.· ·The Fifth.　·6· · · · Q.· ·Mr. Kwok, Anthony D'Battista is also an
·7· ·BY MR. LUFT:　·7· ·employee of yours, correct?
·8· · · · Q.· ·Mr. Kwok, where is the Lady May II　·8· · · · A.· ·The Fifth.
·9· ·currently located?　·9· · · · Q.· ·Mr. D'Battista acts as your agent in
10· · · · A.· ·The Fifth.　10· ·connection with his work related to all the G
11· · · · Q.· ·Mr. Kwok, Daniel Podhaskie served as your　11· ·entities in Saraca Media, correct?
12· ·counsel previously, correct?　12· · · · · · ·(Reporter clarification.)
13· · · · A.· ·The Fifth.　13· ·BY MR. LUFT:
14· · · · Q.· ·Mr. Podhaskie was your employee, correct?　14· · · · Q.· ·Mr. Kwok, Mr. D'Battista acts as your
15· · · · A.· ·The Fifth.　15· ·agent and under your direction in connection with
16· · · · Q.· ·Mr. Kwok, Mr. Podhaskie has acted as your　16· ·all of his activities related to the G entities, by
17· ·agent, correct?　17· ·which I mean, G Fashion G Music G Club, Getter, as
18· · · · A.· ·The Fifth.　18· ·well as Saraca Media, correct?
19· · · · Q.· ·Mr. Kwok, all actions Mr. Podhaskie took　19· · · · A.· ·The Fifth.
20· ·as counsel to Golden Spring were, in fact, actions　20· · · · Q.· ·Mr. Kwok, you know who Fiona Yu is,
21· ·taken at your direction and for your benefit,　21· ·correct?
22· ·correct?　22· · · · A.· ·The Fifth.
23· · · · A.· ·The Fifth.　23· · · · Q.· ·You directed Fiona Yu to speak as your
24· · · · Q.· ·Mr. Kwok, all actions taken by Daniel　24· ·agent in connection with seeking legal advice
25· ·Podhaskie relating to Golden Spring, Leading Shine　25· ·related to hiding the Lady May from your creditors

Page 88　Page 89
·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· ·when she discussed this with your counsel, Hodgson　·2· · · · A.· ·The Fifth.
·3· ·Russ, correct?　·3· · · · Q.· ·Mr. Kwok, you're aware of a man named Han
·4· · · · A.· ·The Fifth.　·4· ·Chunguang?
·5· · · · Q.· ·Mr. Kwok, similarly, Ms. Yu took all　·5· · · · A.· ·The Fifth.
·6· ·actions related to ACA Capital Group Limited at your　·6· · · · Q.· ·Mr. Kwok, Eastern Profit Limited is an
·7· ·direction, correct?　·7· ·entity in the name of your daughter Mei Guo,
·8· · · · A.· ·The Fifth.　·8· ·correct?
·9· · · · Q.· ·And Mr. Kwok, you installed Fiona Yu as　·9· · · · A.· ·The Fifth.
10· ·the company secretary of ACA Capital Group Limited,　10· · · · Q.· ·And Mr. Kwok, all actions taken by
11· ·an entity you own and control, correct?　11· ·Mr. Chunguang as relate to Eastern Profit are taken
12· · · · A.· ·The Fifth.　12· ·at your direction, correct?
13· · · · Q.· ·Mr. Kwok, Karen Maistrello is another　13· · · · · · ·MR. ROMNEY:· Object to the form.
14· ·person who acts as your agent in connection with　14· · · · A.· ·The Fifth.
15· ·your business transactions, correct?　15· ·BY MR. LUFT:
16· · · · A.· ·The Fifth.　16· · · · Q.· ·Mr. Kwok, Mr. Chunguang acts as your agent
17· · · · · · ·MR. LUFT:· And for the record, Maistrello　17· ·in connection with all endeavors related to any
18· · · · is spelled M-A-I-S-T-R-E-L-L-O.　18· ·entities related to you, correct?
19· · · · · · ·THE WITNESS:· Do I need to answer?　19· · · · · · ·MR. ROMNEY:· I'm going to object.· We're,
20· · · · · · ·MR. LUFT:· No.· I'm just providing that　20· · · · once again, getting pretty far afield of the
21· · · · information to the Court Reporter, Mr. Kwok.　21· · · · relatively narrow allegations back and forth in
22· · · · There's nothing for you to do.　22· · · · the HK adversary proceeding.
23· ·BY MR. LUFT:　23· · · · · · ·MR. LUFT:· I disagree.· This is another
24· · · · Q.· ·Mr. Kwok, Ms. Maistrello was an employee
25· ·of yours, correct?　24· · · · entity in the name of Ms. Guo.
25· · · · · · ·MR. ROMNEY:· Another entity?

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Page 90　Page 91

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · · · ·MR. LUFT:· Right.· Consistent with a　·2· · · · · · ·MR. ROMNEY:· Object to the form.
·3· · · · pattern and practice of activities.　·3· · · · A.· ·The Fifth.
·4· · · · · · ·MR. ROMNEY:· You can answer the question.　·4· ·BY MR. LUFT:
·5· · · · I guess, getting pretty far afield, I have not　·5· · · · Q.· ·Mr. Kwok, you, as a beneficial owner
·6· · · · yet directed the witness not to answer a　·6· ·and -- control Whitecroft Shores Limited, which is a
·7· · · · question.· Based on relevance, I'm telling you　·7· ·BVI corporation in the name of your daughter?
·8· · · · we're getting pretty close on this one.　·8· · · · · · ·MR. ROMNEY:· The audio got muffled on that
·9· · · · · · ·Go ahead.　·9· · · · one.
10· · · · A.· ·The Fifth.　10· · · · · · ·MR. LUFT:· Sure.· I'm happy to ask it
11· ·BY MR. LUFT:　11· · · · again.
12· · · · Q.· ·And I apologize to Mr. Han.· I'm told Han　12· ·BY MR. LUFT:
13· ·is his last name.　13· · · · Q.· ·Mr. Kwok, you beneficially owned and
14· · · · · · ·Mr. Kwok, you understood who I was　14· ·controlled Whitecroft Shore Limited, a BVI
15· ·referring to when I said Han Chunguang, that Han is　15· ·corporation that is listed in the name of your
16· ·the last name?　16· ·daughter Mei Guo, correct?
17· · · · A.· ·The Fifth.　17· · · · · · ·MR. ROMNEY:· Object to the form.
18· · · · Q.· ·And with that clarification, Mr. Kwok,　18· · · · A.· ·The Fifth.
19· ·would that change any of the answers you've　19· ·BY MR. LUFT:
20· ·previously given with regard to Mr. Han Chunguang?　20· · · · Q.· ·Mr. Kwok, you placed your asset Bombardier
21· · · · A.· ·The Fifth.　21· ·Global XRS with the -- a plane, with the serial
22· · · · Q.· ·Ms. Kwok, the Lady May was not the only　22· ·number 9189, into Whitecroft Shore Limited, correct?
23· ·one of -- is not the only vehicle you owned and　23· · · · A.· ·The Fifth.
24· ·controlled that you put in the name of your　24· · · · Q.· ·Mr. Kwok, despite this plane being listed
25· ·daughter, correct?　25· ·under the name of Whitecroft Shore Limited at all

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok　Page 93
·2· ·times, you were the beneficial owner and controlled　·2· · · · on with our lives today, because this is
·3· ·that plane, correct?　·3· · · · getting extremely far outside the scope.
·4· · · · A.· ·The Fifth.　·4· · · · · · ·MR. LUFT:· Okay.· I hear your point. I
·5· · · · Q.· ·Mr. Kwok, you're similarly the beneficial　·5· · · · don't agree with you.· That said, I think you
·6· ·owner and control an airbus, ACJ319, correct?　·6· · · · understand the point I'm trying to make and why
·7· · · · A.· ·The Fifth.　·7· · · · I think that's pertinent.
·8· · · · Q.· ·Mr. Kwok, all funds used to purchase the　·8· · · · · · ·I will try to move through.· I don't think
·9· ·Bombardier Global XRS and airbus ACJ319 belong to　·9· · · · there's very much more, and I'll try to move
10· ·you, correct?　10· · · · through it quickly.
11· · · · A.· ·The Fifth.　11· · · · · · ·MR. ROMNEY:· Thank you.
12· · · · · · ·MR. ROMNEY:· Avi, I do think we need to　12· · · · · · ·MR. LUFT:· Okay.
13· · · · start moving on.· I get your point and　13· · · · · · ·MR. ROMNEY:· All right.
14· · · · understand your point.· You're trying to prove　14· · · · · · ·MR. LUFT:· Just a couple more entities and

15· · · · some sort of course of conduct.· I'm not saying
16· · · · I agree with it, but I understand the concept　15· · · · a couple more people, and I think we'll be
16· · · · okay.

17· · · · that you're doing.· But I think delving into　17· ·BY MR. LUFT:
18· · · · multiple layers that are of multiple entities　18· · · · Q.· ·Mr. Kwok, you're familiar with a person
19· · · · in questions that are nearly identical is　19· ·named Zhang Wei, correct?
20· · · · becoming extremely redundant, going outside the　20· · · · A.· ·The Fifth.
21· · · · rule -- of the scope of Rule 26, and getting to　21· · · · Q.· ·Mr. Kwok, any actions taken by Zhang Wei
22· · · · the point of harassment-like behavior.　22· ·related to any assets or entities related to you are
23· · · · · · ·And I'm not saying that to be　23· ·taken at your direction and under your control,
24· · · · disrespectful; I'm just saying that so we can　24· ·correct?
25· · · · all move on with our lives after today or move　25· · · · · · ·MR. ROMNEY:· Object to the form.

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Page 94　Page 95

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · A.· ·The Fifth.　·2· ·Genever Holdings Corporation, correct?
·3· ·BY MR. LUFT:　·3· · · · A.· ·The Fifth.
·4· · · · Q.· ·Mr. Kwok, Zhang Wei was never the owner of　·4· · · · Q.· ·Mr. Kwok, you're the beneficial owner and
·5· ·Genever Holdings LLC, correct?　·5· ·control Greenwich Land LLC, correct?
·6· · · · · · ·(Reporter clarification.)　·6· · · · · · ·MR. ROMNEY:· I'm going to object and
·7· ·BY MR. LUFT:　·7· · · · direct the witness not to answer.· That is --
·8· · · · Q.· ·Zhang Wei was never the owner of Genever,　·8· · · · that entity doesn't relate to any party in this

·9· ·G-E-N-E-V-E-R, Holdings LLC, correct?　·9· · · · adversary proceeding at all.
10· · · · · · ·MR. ROMNEY:· Object to the question.· It　10· · · · · · ·MR. LUFT:· So, Aaron, let me lay more of a
11· · · · is related to another ongoing proceeding to　11· · · · foundation and then, hopefully, you'll
12· · · · which Ms. Guo and HKI are already obviously　12· · · · understand, okay?
13· · · · parties.· It's outside the scope of this　13· · · · · · ·MR. ROMNEY:· Okay.
14· · · · adversary proceeding.　14· ·BY MR. LUFT:
15· ·BY MR. LUFT:　15· · · · Q.· ·Mr. Kwok, Max Krasner and Yvette Wang both
16· · · · Q.· ·You can answer, Mr. Kwok.　16· ·took actions related to the Lady May in connection
17· · · · A.· ·The Fifth.　17· ·with their roles on your behalf with Golden Spring,
18· · · · Q.· ·Mr. Kwok, we talked about Bravo Luck　18· ·correct?
19· ·Limited earlier.　19· · · · · · ·MR. ROMNEY:· Object to the form.
20· · · · · · ·Mr. Zhang Wei never was the owner of　20· · · · A.· ·The Fifth.
21· ·Bravo Luck Limited, correct?　21· ·BY MR. LUFT:
22· · · · A.· ·The Fifth.　22· · · · Q.· ·Mr. Kwok, Mr. Krasner and Ms. Wang also
23· · · · Q.· ·Last question with regard to this and I'll　23· ·hold, at the same time, positions with Greenwich
24· ·move on.　24· ·Land LLC, correct?
25· · · · · · ·Mr. Zhang Wei was never the owner of　25· · · · · · ·THE WITNESS:· Sorry.· I need to go to the

Page 96　Page 97
·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · bathroom again.· My belly is making some noises　·2· · · · and Agreement."· That's at tab 211.
·3· · · · again.　·3· · · · · · ·(Kwok PJR Exhibit 10 was received and
·4· · · · · · ·MR. LUFT:· Okay.· Mr. Kwok, I just need　·4· · · · marked for identification, as of this date.)
·5· · · · you to answer this question because we can't　·5· · · · · · ·MR. LUFT:· Will, if you go to the last
·6· · · · take a break while a question is pending, but　·6· · · · page.
·7· · · · then I'll let you take a break.　·7· ·BY MR. LUFT:
·8· · · · A.· ·I've just answered this, the Fifth.　·8· · · · Q.· ·Mr. Kwok, do you recognize this document?
·9· · · · · · ·MR. LUFT:· Okay.· Let's take a break so　·9· · · · A.· ·The Fifth.
10· · · · you can go to the bathroom.　10· · · · Q.· ·Mr. Kwok, do you see your signature on
11· · · · · · ·THE VIDEOGRAPHER:· We're going off the　11· ·this page -- on the last page?

12· · · · record at 3:37 p.m.　12· · · · A.· ·The Fifth.
13· · · · · · ·(Recess.)　13· · · · Q.· ·Mr. Kwok, this trust agreement, which
14· · · · · · ·THE VIDEOGRAPHER:· We're back on the　14· ·is -- purported trust agreement, which has been
15· · · · record at 3:43 p.m.　15· ·marked as Exhibit 10, did not exist as of March 6,
16· ·BY MR. LUFT:　16· ·2015, when closing occurred for the purchase of the
17· · · · Q.· ·Mr. Kwok, I'm going to ask you again, you　17· ·Sherry-Netherland apartment, correct?
18· ·are the beneficial owner and control Greenwich Land　18· · · · · · ·MR. ROMNEY:· I'm going to object.· This
19· ·LLC, correct?　19· · · · document, again, is the subject of a dispute.
20· · · · A.· ·The Fifth.　20· · · · It's directly at issue in another adversary
21· · · · Q.· ·Okay.· Mr. Kwok, I'm going to ask that the　21· · · · proceeding to which the parties are not here.
22· ·document --　22· · · · I don't see any significance or any relevance
23· · · · · · ·MR. LUFT:· Will, if you could mark as Kwok　23· · · · whatsoever to this document to HK USA or
24· · · · PJR Deposition Exhibit 10 -- Will, if you could　24· · · · Ms. Guo.
25· · · · put up a document titled "Declaration of Trust　25· · · · · · ·MR. LUFT:· Well, the entity that entered

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Page 98　Page 99

·1· · · · · · · · · · · · ·H. Kwok　·1· · · · · · · · · · · · ·H. Kwok
·2· · · · into Bravo Luck Limited is the same entity that　·2· ·this hearing and were asked the identical questions
·3· · · · purportedly funded the purchase of the Lady May　·3· ·that you were asked today, would you give the same
·4· · · · and the Sherry-Netherland apartment.· I think　·4· ·answers to them?
·5· · · · it's directly relevant.· I'm happy not to spend　·5· · · · · · ·MR. ROMNEY:· Am I correct that the
·6· · · · a lot of time on it, but I would like an answer　·6· · · · question assumes the absence of an objection or
·7· · · · to my question.　·7· · · · an objection that was not sustained?
·8· · · · A.· ·The Fifth.　·8· · · · · · ·Is that a fair qualification on the
·9· · · · · · ·MR. LUFT:· Mr. Kwok, why don't we take a　·9· · · · question?
10· · · · five-minute break.· I may be done.· So let me　10· · · · · · ·MR. LUFT:· My question assumes no waiver
11· · · · just check my notes.· Is that okay?　11· · · · of your right to object to any questions that
12· · · · · · ·THE VIDEOGRAPHER:· We're going off the　12· · · · you objected to today.
13· · · · record at 3:47 p.m.　13· · · · · · ·MR. ROMNEY:· Thank you.
14· · · · · · ·(Recess.)　14· · · · · · ·THE INTERPRETER:· The witness said "yes"
15· · · · · · ·THE VIDEOGRAPHER:· We're back on the　15· · · · just now.· That didn't get interpreted.
16· · · · record at 3:54 p.m.　16· · · · · · ·MR. LUFT:· Okay.
17· · · · · · ·MR. LUFT:· Mr. Kwok, your counsel and I　17· ·BY MR. LUFT:
18· · · · have discussed the idea that if the Court is　18· · · · Q.· ·Just so we're clear Mr. Kwok, your answer
19· · · · amenable, that in lieu of you giving live　19· ·to my question is "yes"?
20· · · · testimony at the PJR hearing, that we can use　20· · · · A.· ·Yes.
21· · · · this deposition transcript.· I hope the Court　21· · · · · · ·MR. LUFT:· Mr. Kwok, I have no further
22· · · · will agree to that.　22· · · · questions for you at this time.· I thank you
23· ·BY MR. LUFT:　23· · · · very much for the time you've given us today.
24· · · · Q.· ·But let me just ask, if for whatever　24· · · · · · ·MR. ROMNEY:· Thank you.· I have no
25· ·reason you were to have to give live testimony at　25· · · · questions for the witness.
Page 100　Page 101
·1· · · · · · · · · · H. Kwok　·1
·2· · · · · · ·MR. LUFT:· Standing order.
·2· · · · THE WITNESS:· I wanted to take this　·3· · · · · · ·MR. ROMNEY:· We'll take a copy but no
·3· ·opportunity to also thank you -- say thank you　·4· · · · rough.
·4· ·to everybody here today.· I'm sorry that　·5· · · · · · ·MS. SONG:· Same thing.
·5· ·because I was feeling uncomfortable, so I　·6· · · · · · ·MR. ROMNEY:· We will also ask for a copy
·6· ·wasted quite a bit of everybody's time.　·7· · · · of the video as well.
·7· · · · But I want to say thank you for all the　·8
·8· ·professional questions, and I also want to　·9· · · · · · ·(Time noted:· 3:59 p.m.)
·9· ·extend my thanks to you, the Interpreters,　10
10· ·including Ms. Wang and Luyi, as well as the　11
11· ·Court Reporter and all of the counsels present　12· · · · · · · · · · · ·____________________________
12· ·today as well as our videographer.　13· · · · · · · · · · · ·HO WAN KWOK
13· · · · And I also want to say hello, please, to　14

14· ·pass on my greetings to the trust and Mr. Luc.
15· · · · MR. LUFT:· I will definitely pass those　15· ·Subscribed and sworn to
16· ·greetings along, Mr. Kwok, and I will echo your　16· ·before me this· · ·day
17· ·thanks to the Court Reporter, the videographer　17· ·of· · · · · · 2023.
18· ·and the translator, who all did a tremendous　18· ·_______________________
19· ·job today.· Thank you.　19
20· · · · THE VIDEOGRAPHER:· This marks the end of　20
21· ·the deposition.· We're going off the record at　21
22· ·3:59 p.m.　22
23· · · · (Deposition continues - Next page)　23
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Page 102　Page 103

·1　·1
·2· · · · · · · · · · · ·CERTIFICATE　·2· · · · · · · · · · ·C O N T E N T S
·3　·3· ·MR. LUFT· · · · · · · · · · · · · · · · · · · · · · ·7
·4· ·STATE OF CONNECTICUT )　·4· · · · · · · · · · ·E X H I B I T S
·5· · · · · · · · · · · :· ·ss　·5· · · · · · ·(Retained by the court reporter)
·6· · · · · · ·I, Angela M. Shaw-Crockett, a Certified Court　·6· ·DEPOSITION· · · · · EXHIBIT· · · · · · · · · · ·PAGE
·7· ·Reporter, Registered Merit Reporter and Notary Public within　·7· ·Exhibit 1· ·Declaration of Trust· · · · · · · · · 19
·8· ·and for the States of New York, New Jersey and Connecticut,　·8· ·Exhibit 2· ·UBS Account Statement, Bravo Luck· · ·62
·9· ·do hereby certify:　· · · · · · · · ·Ltd., Bates UBS00137
10· · · · · · ·That HO WAN KWOK, the witness whose deposition is　·9
11· ·hereinbefore set forth, was duly sworn by me and that such　· · ·Exhibit 3· ·Wire Transfer, 15 March 2015, Bates· ·63
12· ·deposition is a true record of the testimony given by such　10· · · · · · · ·UBS02746
13· ·witness.　11· ·Exhibit 4· ·Stipulated Order· · · · · · · · · · · 69
14· · · · · · ·I further certify that I am not related to any of　12· ·Exhibit 5· ·Video from Vice· · · · · · · · · · · ·74
15· ·the parties to this action by blood or marriage and that I　13· ·Exhibit 6· ·Video· · · · · · · · · · · · · · · · ·76
16· ·am in no way interested in the outcome of this matter.　14· ·Exhibit 7· ·Video· · · · · · · · · · · · · · · · ·77
17· · · · · · ·In witness whereof, I have hereunto set my hand　15· ·Exhibit 8· ·Video· · · · · · · · · · · · · · · · ·80
16· ·Exhibit 9· ·Tweet, dated May 10, 2017· · · · · · ·82
18· ·this 2nd day of March, 2023.　17· ·Exhibit 10· Declaration of Trust and Agreement· · 97
19　18
20· · · · · · ·----------------------------------------　19
· · · · · · · ·ANGELA M. SHAW-CROCKETT, CCR, CRR, RMR, CSR　20
21· · · · · · ·LICENSE NO. XI00218400　21
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·1　Page 104
·2· ·NAME OF CASE:· In Re: Ho Wan Kwok
·3· ·DATE OF DEPOSITION:· March 2, 2023
·4· ·NAME OF WITNESS:· Ho Wan Kwok
·5· ·Reason Codes:
·6· · · 1.· To clarify the record.
· · · · 2.· To conform to the facts.
·7· · · 3.· To correct transcription errors.
·8· ·Page _______ Line ________ Reason _________
· · ·From ______________________ to ___________________________
·9
10· ·Page _______ Line ________ Reason _________
11　· · ·From ______________________ to ___________________________
12· ·Page _______ Line ________ Reason _________
· · ·From ______________________ to ___________________________

14· ·Page _______ Line ________ Reason _________
· · ·From ______________________ to ___________________________

16· ·Page _______ Line ________ Reason _________
· · ·From ______________________ to ___________________________
17　18· ·Page _______ Line ________ Reason _________
· · ·From ______________________ to ___________________________

20· ·Page _______ Line ________ Reason _________
· · ·From ______________________ to ___________________________

22· ·Page _______ Line ________ Reason _________
· · ·From ______________________ to ___________________________
23　24· · · · · · · · · · · ·__________________________________
· · · · · · · · · · · · ·HO WAN KWOK
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