All posts tagged "ICAC"
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474EnforcementHK ICAC Charges Ex-Sunway Employee for Money Laundering
A former personal assistant helped his boss to launder HKD 125 million borrowed from listed company Sunway International Holdings.
May 20, 2022 -
316Enforcement
Hong Kong: ICAC Charges Three Over Mortgage Fraud
A property buyer and two estate agents understated the purchase price so the mortgage would be subject to a lower LTV cap.
April 28, 2022 -
541Enforcement
HK ICAC Charges Bank Employee and Two Others for Bribery
A relationship manager and two representatives of secretarial services companies allegedly offered and accepted bribes to help non-domestic clients open accounts with three Hong Kong banks.
March 1, 2022 -
736AML / KYC
HK ICAC Charges Three Ex-StanChart Employees For Fraud
The former relationship managers were among five individuals indicted for conspiring to deceive Japanese investors with false documents.
January 27, 2022 -
866EnforcementHK ICAC Charges Six Former AXA Employees For Fraud
The ICAC charged the six former employees with conspiracy to defraud AXA of over HKD 950,000 in commissions and bonuses.
December 24, 2021 -
409EnforcementHK Court Acquits Former HKEX Official in Bribery Case
The court ruled that the prosecution did not prove that IPO consultant Richard Lum had bribed the former joint-head of HKEX's IPO vetting team, Eugene Yeoh.
December 7, 2021 -
301AML / KYC
HK ICAC Arrests Nine in Corruption Probe Involving Macau Firm
CPAs and audit staff are suspected of accepting bribes to compile a false accountants' report that was submitted to HKEX for a main board listing.
December 1, 2021 -
275Enforcement
HK ICAC Charges Four for Concealing Backdoor Listing
A retired lawmaker and his son concealed an agreement with a third party who agreed to pay them about HK$210mn for control of a listed stock.
November 29, 2021 -
259Enforcement
HK ICAC Charges Property Agent With Mortgage Loan Fraud
The property agent Chiu Ka-wai applied for a mortgage loan with HSBC and falsely represented that the property was for self-occupancy.
November 1, 2021 -
213EnforcementHK Court Jails Former Convoy, Gransing Executives
Former Convoy executives conspired to dishonestly arrange for bond placement commissions to be diverted to a company they substantially owned.
October 18, 2021
