Four charged for allegedly furnishing false information to realize $224m L/C facilities
2003-5-6
Four persons, including the former chairman and a manager of Keen Lloyd Group of Companies (KLG), have been charged by the ICAC for allegedly conspiring to furnish false information for the realization of Letters of Credit (L/Cs) facilities totalling US$2 8.78 million (about HK$224.5 million).
The defendants are: Chin Kam-chiu, alias Chun Kam-chiu, 45, former chairman of KLG; Tsang Siu-lan, 34, manager of KLG; Chow Wai-choi, 43, former deputy general manager of then Sin Hua Bank Limited Hong Kong Branch (Sin Hua Bank); and Hau Pui-yee, alias Ha u Pui-ming, 52, former assistant general manager of Sin Hua Bank.
They will appear in Eastern Magistracy at 9:30 am tomorrow (Wednesday) on one count of conspiracy to furnish false information.
The case arose from a corruption complaint, alleging that Chun might have corruptly secured credit facilities from a bank. ICAC inquiries uncovered the alleged conspiracy offence.
The charge alleges that the defendants had conspired with other persons to dishonestly furnish information, namely invoices, L/Cs and supporting documents required for the realization of the said L/Cs, which to their knowledge were false.
The alleged offence took place between late 1998 and April 30, 1999.
The defendants have been released on ICAC bail, pending their court appearances tomorrow.
The defendants are: Chin Kam-chiu, alias Chun Kam-chiu, 45, former chairman of KLG; Tsang Siu-lan, 34, manager of KLG; Chow Wai-choi, 43, former deputy general manager of then Sin Hua Bank Limited Hong Kong Branch (Sin Hua Bank); and Hau Pui-yee, alias Ha u Pui-ming, 52, former assistant general manager of Sin Hua Bank.
They will appear in Eastern Magistracy at 9:30 am tomorrow (Wednesday) on one count of conspiracy to furnish false information.
The case arose from a corruption complaint, alleging that Chun might have corruptly secured credit facilities from a bank. ICAC inquiries uncovered the alleged conspiracy offence.
The charge alleges that the defendants had conspired with other persons to dishonestly furnish information, namely invoices, L/Cs and supporting documents required for the realization of the said L/Cs, which to their knowledge were false.
The alleged offence took place between late 1998 and April 30, 1999.
The defendants have been released on ICAC bail, pending their court appearances tomorrow.