A supervisor of an international freight forwarding company and an owner of a transportation company were arrested by the ICAC yesterday (Monday) for an alleged bribery scam, which caused $4 million loss to the freight forwarding company.

The two men arrested are aged 40 and 39 respectively.

The management of the freight forwarding company concerned earlier referred the case to the ICAC, and rendered full co-operation to the ICAC during the course of investigation.

Investigations revealed that the freight forwarding company sub-contracted container packing service to the transportation company. The transportation company mainly provided the service of hanging some high-class garments in containers before shipment a t approximately $8,000 per container.

The supervisor arrested was responsible for placing orders with the transportation company and supervising its work.

It was alleged that since 1996, the supervisor had been receiving an illegal commission of $500 per container from the owner of the transportation company. The total amount of bribes allegedly received by the supervisor amounted to $150,000.

It was believed that the supervisor had also accepted the bribes to assist the transportation company to submit bogus invoices to the freight forwarding company.

Out of the purported $6 million total business turnover between the two companies since 1996, two-thirds was fake.

The two arrested were alleged to have equally shared the proceeds.

They were released on ICAC bail earlier today, pending further inquiries.