Two ex-managers charged over alleged $2.8m fraud over school tuckshop renovation works
2002-5-2
Two former executives were today (Thursday) charged by the ICAC for their alleged roles in a fraudulent scam to deceive their employer of $2.8 million over the awarding of school tuckshop renovation contracts.
Sit Cham-shan, 33, former assistant general manager of Vitaland Services Ltd. (Vitaland), and Lee Chi-man, Paul, 38, former sales and administration manager of Vitasoy International Holdings Limited (Vitasoy), will appear before Tuen Mun Magistracy at 9:30 am tomorrow (Friday) on one count of conspiracy to defraud.
Vitaland is a subsidiary of Vitasoy.
Vitaland earlier referred the case to the ICAC upon suspicion that some of its employees might be involved in corruption.
ICAC inquiries revealed that some school tuckshop renovation contracts were allegedly awarded without going through proper tendering exercise. The defendants were arrested in an operation in August last year.
Both Vitasoy and Vitaland offered full assistance to the ICAC during its investigation.
The defendants face one joint charge of conspiracy to defraud Vitaland by dishonest means.
They were alleged to have created bogus quotations, falsely represented to Vitaland that three contractors were selected to undertake school tuckshop decoration project in 1998 after comparing all the quotations submitted by the bidders, and caused Vitala nd to approve a total of $2,817,115 to the three contractors.
The alleged offence took place between April 1 and October 12, 1998.
The defendants were released on ICAC bail, pending their court appearances tomorrow.
Sit Cham-shan, 33, former assistant general manager of Vitaland Services Ltd. (Vitaland), and Lee Chi-man, Paul, 38, former sales and administration manager of Vitasoy International Holdings Limited (Vitasoy), will appear before Tuen Mun Magistracy at 9:30 am tomorrow (Friday) on one count of conspiracy to defraud.
Vitaland is a subsidiary of Vitasoy.
Vitaland earlier referred the case to the ICAC upon suspicion that some of its employees might be involved in corruption.
ICAC inquiries revealed that some school tuckshop renovation contracts were allegedly awarded without going through proper tendering exercise. The defendants were arrested in an operation in August last year.
Both Vitasoy and Vitaland offered full assistance to the ICAC during its investigation.
The defendants face one joint charge of conspiracy to defraud Vitaland by dishonest means.
They were alleged to have created bogus quotations, falsely represented to Vitaland that three contractors were selected to undertake school tuckshop decoration project in 1998 after comparing all the quotations submitted by the bidders, and caused Vitala nd to approve a total of $2,817,115 to the three contractors.
The alleged offence took place between April 1 and October 12, 1998.
The defendants were released on ICAC bail, pending their court appearances tomorrow.