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ELECTRIC NEWS </td> </tr> </tbody></table> </td> </tr> <tr> <td>
MING YI ON TRIAL</td> </tr> <tr> <td class="font12w">
Ming Yi got money from Li Ka Shing </td> </tr> <tr><td>
Monk convited of charges relating to unauthorised loan; Hong Kong tycoon made donations to help pay shop's debts to Ren Ci</td> </tr><tr> <td class="font12w">
<table align="left" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr> <td class="font12w">By Amanda Yong</td> </tr></tbody></table> </td> </tr> <tr> <td class="font12w"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tbody><tr> <td class="font12w" width="">
October 08, 2009</td> <td width="30">
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</td> </tr> <tr> <td class="rightline" valign="top"> <table border="0" cellpadding="3" cellspacing="0" width="100%"> <tbody><tr><td class="font12" align="left" valign="top"> When his Buddhist artefact shop needed money to pay off loans, Ming Yi turned to one of Asia's wealthiest men for help. Ming Yi, 47, founder and former CEO of Ren CI hospital, asked Hong Kong tycoon Li Ka Shing for donations to help repay what the Mandala Buddhist Culturual Centre - a Ren Ci-affiliated shop - owed the charity. And Mr Li obliged.
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</td> </tr> </tbody></table>With the authorities probing financial irregularities at his charity, Ming Yi covered up an unauthorised loan of $50,000 which was given by Ren Ci to Mandala on 17 May 2004.
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