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Raid on home of Goldman Sachs banker

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HK$250,000 raid on Stanley home of Goldman Sachs banker Ronald Lee


HK$250,000 worth of valuables stolen in raid on Ronald Lee's luxury townhouse in Stanley

PUBLISHED : Monday, 23 March, 2015, 4:14am
UPDATED : Monday, 23 March, 2015, 4:14am

Ng Kang-chung [email protected]

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Police investigate the burglary in Stanley. Photo: SCMP

Goldman Sachs banker Ronald Lee's luxury home in Stanley was broken into over the weekend, with HK$250,000 in valuables reported stolen.

Police said a 47-year-old woman reported the break-in after returning to the Eden View townhouse, at 18 Stanley Village Road, at about 10pm on Saturday to find it had been ransacked, police said.

The back door had been forced open, they said.

Police believe the burglars climbed onto scaffolding on a nearby property to gain access to the house.

Valuables including watches, earrings and rings worth HK$250,000 were reported missing, police said.

Western District detectives are investigating the case. No arrests have been made.

Lee and his wife reportedly paid about HK$35 million for the Stanley townhouse in 2006.

Its value is now estimated at more than HK$50 million, according to property consultants.

Lee is the head of private wealth management for Goldman Sachs in the Asia-Pacific.

It was the latest in a string of break-ins targeting luxury homes in the exclusive Peak and Southern District neighbourhoods in recent months.

In October, antiques and other items valued at a total of HK$10 million were stolen from a safe in a bathroom of flamboyant tycoon Cecil Chao Sze-tsung's 20,000 sq ft mansion on Victoria Road.

And in September, the Barker Road home of senior education official Cecilia Law Lai-kwan - who lives next door to Chief Secretary Carrie Lam Cheng Yuet-ngor on The Peak - was burgled, with jade ornaments worth more than HK$20,000 stolen.

However, the latest police figures show that the overall number of burglary cases reported in the city has dropped significantly - from 7,002 in 2004 to 2,700 last year.

Lee - who has worked for the global investment bank since 1998 - was recently recognised as a "Champion for the Advancement of Women" at the American Chamber of Commerce Women of Influence Awards in Hong Kong.


 
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