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Duo charged with bribery over supply of screws 07/04/2010

A director (D1) of a screw factory (Company A) and a director (D2) of an electric motor company (Company B) were today (Wednesday) charged by the ICAC with bribery in relation to the supply of screws for the manufacturing of garage shutter motors.

D1, 48, faces one count of conspiracy for an agent to accept an advantage, contrary to Section 9(1)(a) of the Prevention of Bribery Ordinance (POBO) and Section 159A of the Crimes Ordinance, while D2, 50, faces one count of agent accepting an advantage, contrary to Section 9(1)(a) of the POBO.

The defendants will appear in Kwun Tong Magistracy at 9:30 am on Friday (April 9), pending transfer to the District Court.

D1 is alleged to have conspired together with D2 between January 2001 and September 16, 2009 for D2 to accept rebates at the rate of 10% of the sales amount of goods supplied by Company A to Company B as rewards for Tam to have placed purchase orders with Company A for Company B. The alleged illegal rebates were said to amount to $400,000.

D2 is alleged to have accepted $18,080 in rebates from D1 on September 16, 2009 as rewards for placing purchase orders with Company A for Company B.

The defendants have been released on ICAC bail, pending their court appearance on Friday.

     

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