"Perjury is regarded as "one of the most serious offences on the criminal calendar because it wholly undermines the whole basis of the administration of justice":- Chapman J in (R v Warne(1980) 2 Cr. App.R. (S) 42). It is regarded as serious whether it is committed in the context of a minor case, for example a car passenger who falsely states that the driver did not jump a red light as alleged, or a serious case, for example a false alibi witness in a bank robbery case.
In most cases, an offence of perjury will also amount to perverting the course of justice. If the perjury is the sole or principal act, then it will be normal to charge perjury. If the perjury is part of a much more significant series of acts aimed at perverting justice, then a charge of perverting the course of justice would be more appropriate"
Hmmm! If I was any one of the CX managers who have lied under oath in the past 8 years I would be rather worried. The HKG judgement is just the start!!!