Ex-HKMA senior executive faces court for alleged housing allowance fraud
2003-5-26
The former Head (Information Technology) of the Hong Kong Monetary Authority (HKMA), charged by the ICAC, appeared at Eastern Magistracy this (Monday) morning for allegedly using false documents to deceive housing allowances while he was employed by HKMA.
Peter Hsueh Cheng-kang, 68, pleaded not guilty to two counts of agent using false document with intent to deceive his principal, contrary to Section 9(3) of the Prevention of Bribery Ordinance.
Magistrate Mr David Dufton adjourned the case to July 4, 2003 for pre-trial review. The defendant was granted bail of $20,000 in cash.
The charges alleged Hsueh of using Application for Housing and Holiday Allowances Forms containing false statements to deceive HKMA.
Hsueh was alleged to have falsely declared in such applications that he was eligible to claim and receive housing allowance in respect of the rented accommodation specified in the forms.
He was also alleged to have falsely represented that the rented accommodation for which he was claiming housing allowance was not owned by him and/or his relative directly or indirectly; and that his claim represented a genuine rental transaction at marke t rates.
The alleged offences took place between April 13, 1998 and May 3, 1999.
ICAC investigation alleged that housing allowances of $660,000 and $495,000 were granted to Hsueh for the financial years 1997/98 and 1998/99 respectively as a result of the suspected fraud.
The prosecution was today represented by Acting Senior Assistant Director of Public Prosecutions Simon Tam, assisted by ICAC officer Joseph Cheng.
Peter Hsueh Cheng-kang, 68, pleaded not guilty to two counts of agent using false document with intent to deceive his principal, contrary to Section 9(3) of the Prevention of Bribery Ordinance.
Magistrate Mr David Dufton adjourned the case to July 4, 2003 for pre-trial review. The defendant was granted bail of $20,000 in cash.
The charges alleged Hsueh of using Application for Housing and Holiday Allowances Forms containing false statements to deceive HKMA.
Hsueh was alleged to have falsely declared in such applications that he was eligible to claim and receive housing allowance in respect of the rented accommodation specified in the forms.
He was also alleged to have falsely represented that the rented accommodation for which he was claiming housing allowance was not owned by him and/or his relative directly or indirectly; and that his claim represented a genuine rental transaction at marke t rates.
The alleged offences took place between April 13, 1998 and May 3, 1999.
ICAC investigation alleged that housing allowances of $660,000 and $495,000 were granted to Hsueh for the financial years 1997/98 and 1998/99 respectively as a result of the suspected fraud.
The prosecution was today represented by Acting Senior Assistant Director of Public Prosecutions Simon Tam, assisted by ICAC officer Joseph Cheng.