Twitter

Facebook

Youtube

Pintrest

RSS

Hindi News | Samay | UP/Uttarakhand | MP/Chhattisgarh | Bihar/Jharkhand | Rajasthan | Aalami Samay
Former Hong Kong politician's wine collection goes for USD6.2 million
Last Updated : 17 Mar 2013 03:59:27 PM IST

A former Hong Kong politician sold off part of his rare wine collection for over USD 6 million,auction house Christie's said on Sunday after a scandal over a wine cellar at his home was partly blamed for his loss in last year's leadership race.


    

 

The city's former number two Henry Tang was set to become the chief executive in 2012 until a series of gaffes and the discovery of an illegal basement containing the cellar at his luxury home made him deeply unpopular.

The two-day auction, which fetched USD 6.22 million,included a wide selection of Burgundys with vintages ranging from 1949 to 2010, Christie's said, and dozens of wine aficionados attended with others bidding online.

 

The highlights of the sale were six magnums of Roman Conti Vintage 1995 which sold for USD 156,695 and 12 bottles of Montrachet Vintage 1978 which sold for USD 109,687. Though there were thousands of bottles on offer, they represented just a small portion of Tang's collection, the auction house said.

 

 "He's at a point where there's enough wine that he can share them with joy," Christie's head of wine in China, Simon Tam, told at the sale.  In an interview with Tang last month, the Wall Street Journal reported that none of the bottles in the Christie's
sale were stored in the illegal cellar.

Tang is a well-known wine connoisseur who abolished duties on wine imports to Hong Kong in 2008, helping to turn the city into a regional wine centre. Chief secretary until September 2011, Tang was thought to be Beijing's choice for Hong Kong's top job in the run-up to the chief executive election in March last year.

But his campaign began with a public admission of marital infidelity and suffered another blow with the discovery of the unauthorised basement, which reportedly also included a Japanese-style bath and a workout room.

His main rival Leung Chun-ying was subsequently handpicked for the post by a 1,200-strong election committee dominated by
pro-Beijing elites, after China apparently switched sides.Since his election, Leung has also apologised for illegal structures built without planning permission at his own luxury Hong Kong home.

Hong Kong is one of the most densely populated cities in the world and authorities regularly prosecute residents for making illegal additions to their houses.
 


Post Your Comment (0 posted):
Post your comment Post Your Comments
Your name :
Your e-mail address :
Your website :
Add your comments :
Please enter the code you see in the image:
Code

super luxury car maker Rolls-Royce is gearing up to tap the country's Billionaires with ne

Coming-of-age drama 'Boyhood' won three of the biggest awards at the BAFTA 2015 but it was

Sunny Leone is seen scorching the screen in the first look of Leela with her bold acts.

Samsung unveiled the Galaxy S6 and Galaxy S6 Edge at Mobile World Congress in Barcelona, S

Reality TV star Kim Kardashian reportedly wants Beyonce to buy a house in her gated commun

Automaker Renault India today said it will roll-out a multi-purpose vehicle 'Lodgy' and a

Pharma tycoon Dilip Shanghvi surpassed Mukesh Ambani as the world's richest Indian with a

When Holi is round the corner, can anyone forget all-time hit Bollywood songs?

In an interim order, the Bombay High Court has restrained the city police from arresting o

Good news for the fans’ of Salman Khan and Deepika Padukone.

Reality TV star Kim Kardashian has posed nude for the upcoming 10th season of 'Keeping Up

Bollywood superstar Akshay Kumar and Actress cum Entrepreneur Shilpa Shetty Kundra have pa

Kashmir witnessed season's heaviest snowfall as the arterial Jammu-Srinagar National Highw

Mexican actress Stephanie Sigman has joined Monica Bellucci and Lea Seydoux as the new bon

Luxury carmaker Mercedes-Benz launched the all-new compact B-Class in both petrol and dies

Bollywood actor Poonam Pandey, gets relief as a local court in Bengaluru quashed a case pe

Automaker Renault India launched the new generation Duster priced at Rs 8.30 lakh (Delhi e

Now Bollywood A-list actors are competing to get nude on-screen.

The 2015 edition of the International Indian Film Academy Awards is set to enthrall Bollyw

India defeated Zimbabwe by six wickets chasing 288 runs target in World Cup Match.

Deepika Padukone concerned about her personal shortcomings rather than professional ones.

An Islamic college in Melbourne city has banned its girl students from participating in ru

Asus India launched the successor to their much-loved Zenfone range in the Asus Zenfone 2,


Samay Live

Samay Live

 

Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live

10.10.70.54