Decisions
Paul Se Hui Oei, Canadian Manu Immigration & Financial Services Inc., 0863220 B.C. Ltd. and 0905701 B.C. Ltd. [Decision]
BCSECCOM #:
2018 BCSECCOM 231
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Document Type:
Decision
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Published Date:
2018-08-08
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Effective Date:
2018-08-08
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Details:
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2018 BCSECCOM 231

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Paul Se Hui Oei,
Canadian Manu Immigration & Financial Services Inc.,
0863220 B.C. Ltd. and 0905701 B.C. Ltd.
Panel | Nigel P. Cave | Vice Chair |
Audrey T. Ho | Commissioner | |
| Suzanne K. Wiltshire | Commissioner |
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Hearing Date | May 15, 2018 | |
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Submissions Completed | June 19, 2018 |
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Decision Date | August 8, 2018 |
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Appearing |
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Mila Pivnenko | For the Executive Director |
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Teresa Tomchak Yun Li-Reilly | For Paul Se Hui Oei, Canadian Manu Immigration & Financial Services Inc., 0863220 B.C. Ltd. and 0905701 B.C. Ltd. |
Decision
I. Introduction
- This is the sanctions portion of a hearing under sections 161(1) and 162 of the Securities Act, RSBC 1996, c. 418. The Findings of this panel on liability made on December 12, 2017 (2017 BCSECCOM 365) are part of this decision.
- We found that each of Paul Se Hui Oei, Canadian Manu Immigration & Financial Services Inc., 0863220 B.C. Ltd. and 0905701 B.C. Ltd. contravened section 57(b) of the Act in the following manner:
- Oei committed 63 contraventions of section 57(b) of the Act in the aggregate amount of $5,003,088;
- Canadian Manu committed 63 contraventions of section 57(b) of the Act in the aggregate amount of $5,003,088;
- 0863 committed 33 contraventions of section 57(b) of the Act in the aggregate amount of $3,001,853; and
- 0905 committed 30 contraventions of section 57(b) of the Act in the aggregate amount of $2,001,235.
- The executive director and the respondents provided written and oral submissions on the appropriate sanctions in this case.
- During the oral hearing, we asked the parties for further written submissions on certain evidentiary issues relating to repayments of investor funds purportedly made by the respondents. The parties provided those submissions to us and we have considered those submissions as part of reaching our decision in this matter.