Senior executive of insurer accepts HK$360,000 luxury gifts from down-liners for clients charged by ICAC

2022-12-9

The ICAC today (December 9) charged a senior executive of an insurer with bribery for allegedly accepting luxury handbags and jewellery worth totalling over HK$360,000 from five down-line insurance agents to assist them in securing customers to take out insurance policies with the insurer.

Ma Jing, 51, senior district director of AIA International Limited (AIA), faces three counts of agent accepting an advantage, contrary to Section 9(1)(a) of the Prevention of Bribery Ordinance.

The defendant was released on ICAC bail, pending her appearance at the Eastern Magistrates’ Courts next Tuesday (December 13) for mention.

The offences took place between May 2018 and August 2019. At the material time, the defendant was a district director of AIA responsible for recruiting and supervising her down-line insurance agents. In January 2020, she was promoted to senior district director.

It is alleged that the defendant had accepted two Hermès handbags and a Bvlgari necklace from five down-line insurance agents for assisting them in securing customers to take out insurance policies with AIA. The two handbags and the necklace respectively worth about HK$160,000, over HK$180,000 and over HK$23,000.

AIA prohibits its staff from rebating, bribery, gifting, etc. The company code of conduct stipulates that employees must seek approval for accepting gifts having value over US$300 (or approximately HK$2,340).

In order to assist the insurance industry in strengthening its corruption prevention capabilities, the ICAC had collaborated with the industry to produce a practical guide. The ICAC will continue to join hands with the industry to promote anti-corruption messages and provide integrity training to insurance practitioners.

Members of the public should report to the ICAC immediately if corruption is suspected.

Corruption Prevention Guide for Insurance Companies: cpas.icac.hk/EN/Info/Lib_List?cate_id=3&id=2568.

Dedicated webpage promoting integrity in the insurance industry: hkbedc.icac.hk/insurance/en.

AIA has rendered full assistance to the ICAC during its investigation into the case.

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