10 months' jail for dealing with over $500,000 'corrupt' proceeds from Mainland
2002-5-17
A former production manager of an electric company was today (Friday) sentenced to 10 months' imprisonment at the District Court for dealing with RMB575,000 (HK$542,452) that he received from Mainland suppliers for placing orders with them.
The case was investigated by the ICAC as a result of a referral from the electric company, a subsidiary of a listed company in Hong Kong, Johnson Electric Industrial Manufactory Limited (Johnson Electric).
NG Kwun-ming, 47, today pleaded guilty to one of the two charges alleging him of dealing with property known or believed to represent proceeds of an indictable offence under the Organized and Serious Crimes Ordinance between May 2000 and March 2001.
District Court Judge Sweeney took into consideration the second charge against Ng in sentencing.
Judge Sweeney reprimanded Ng for committing serious offences. Taking into account the defendant's guilty plea and his remorseful attitude as well as the fact that he had fully restituted the bribe money to his employer, the judge had reduced the 24-month starting point to 10 months.
The court heard that Ng, while being employed as production manager by the Hwa Sun Electric Company Limited (Hwa Sun), a wholly owned subsidiary of Johnson Electric, was posted to the Tai Fung Electric Manufactory (Tai Fung) in the Mainland, to supervise the production of machinery.
Tai Fung further contracted out the manufacturing works to various processing factories in the Mainland, including Dong Nan Hui Plastic & Metal Company Limited (Dong Nan Hui) and Shenzhen Changhong Pattern Process Factory (Changhong).
The court was told that between May 2000 and March 2001, through his subordinates in Tai Fung, Ng had accepted kickbacks of RMB575,000 in total from operators of Dong Nan Hui and Changhong as rewards for him to place more manufacturing orders.
Both mainland companies then inflated the costs of manufacturing works they procured from Tai Fung to make up for the bribe paid to Ng.
While most of the bribes were paid in Renminbi in cash, Ng received two sums in the form of cheques for HK$245,866 in total, which were subsequently deposited into his savings account in Hong Kong.
Johnson Electric referred the case to the ICAC, following an internal investigation. Ng had repaid all the bribe money he received to his employer.
The prosecution was today represented by Senior Government Counsel Martin Hui, assisted by ICAC officer Dickson Chau.
The case was investigated by the ICAC as a result of a referral from the electric company, a subsidiary of a listed company in Hong Kong, Johnson Electric Industrial Manufactory Limited (Johnson Electric).
NG Kwun-ming, 47, today pleaded guilty to one of the two charges alleging him of dealing with property known or believed to represent proceeds of an indictable offence under the Organized and Serious Crimes Ordinance between May 2000 and March 2001.
District Court Judge Sweeney took into consideration the second charge against Ng in sentencing.
Judge Sweeney reprimanded Ng for committing serious offences. Taking into account the defendant's guilty plea and his remorseful attitude as well as the fact that he had fully restituted the bribe money to his employer, the judge had reduced the 24-month starting point to 10 months.
The court heard that Ng, while being employed as production manager by the Hwa Sun Electric Company Limited (Hwa Sun), a wholly owned subsidiary of Johnson Electric, was posted to the Tai Fung Electric Manufactory (Tai Fung) in the Mainland, to supervise the production of machinery.
Tai Fung further contracted out the manufacturing works to various processing factories in the Mainland, including Dong Nan Hui Plastic & Metal Company Limited (Dong Nan Hui) and Shenzhen Changhong Pattern Process Factory (Changhong).
The court was told that between May 2000 and March 2001, through his subordinates in Tai Fung, Ng had accepted kickbacks of RMB575,000 in total from operators of Dong Nan Hui and Changhong as rewards for him to place more manufacturing orders.
Both mainland companies then inflated the costs of manufacturing works they procured from Tai Fung to make up for the bribe paid to Ng.
While most of the bribes were paid in Renminbi in cash, Ng received two sums in the form of cheques for HK$245,866 in total, which were subsequently deposited into his savings account in Hong Kong.
Johnson Electric referred the case to the ICAC, following an internal investigation. Ng had repaid all the bribe money he received to his employer.
The prosecution was today represented by Senior Government Counsel Martin Hui, assisted by ICAC officer Dickson Chau.