Wanted Person
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| Personal Particular | Case Brief |
| Date of Birth : November 11 1972 Place of Birth : China Height : 1.68M (5'6") Weight : Unknown Build : Medium Occupation : Company Director of Commercial Power Investment Limited Scars & Marks : Unknown Remarks : None Hair : Black Eyes : Brown Complexion : Fair Sex : Male HKIC : P414713(1) Race : Chinese Nationality : Chinese |
LAI is wanted on suspicion of having corruptly conspired with his father, LI Runquan, and LI Yucheng, both directors of Ultragrace Ltd., CHAN Wai-lam, a director of Commercial Power Investment Ltd. (all are wanted by ICAC), and others to defraud the Bank of China, the Bank of Communications, the Kwangtung Provincial Bank and the Kincheng Banking Corporation. They had, between 1997 and 1998, allegedly used false supporting documents to apply for letter of credit (L/C) facilities from the said four banks and had caused the banks to issue 16 L/C to a total value of HK$51 million. |