Note to Editors - ICAC Post
2008-2-10
The latest issue of ICAC’s electronic newsletter – ICAC Post – has been released to update the business community on Hong Kong’s latest developments in anti-corruption work.
In the newsletter, ICAC Commissioner Timothy Tong Hin-ming said leveraging on close links with Mainland China, Hong Kong continued to offer tremendous opportunities for businessmen and investors.
He noted that the further expansion of the Closer Economic Partnership Agreement, the government’s commitment to various major infrastructure projects and continuous financial reforms were among the various measures that would help businesses flourish.
“Internationally, the ICAC of Hong Kong is seen as an icon of anti-corruption. All of us in the ICAC are committed to do our utmost to ensure that a clean business environment perpetuates in Hong Kong,” Mr Tong added.
“We take strong enforcement actions against the unscrupulous and make sustained efforts to promote business ethics.”
On the preventive education side, for example, the ICAC had launched a comprehensive integrity training programme for company directors last September and would jointly produce with the Guangdong anti-corruption authorities a corruption prevention guidebo ok for small and medium enterprises with business operations across the boundary.
The newsletter also featured a major corporate corruption case involving a financial controller who accepted $9.6 million in bribes to award office decoration projects to a consultancy firm.
Members of the public can access the newsletter on the ICAC website ( http://www.icac.org.hk ).
In the newsletter, ICAC Commissioner Timothy Tong Hin-ming said leveraging on close links with Mainland China, Hong Kong continued to offer tremendous opportunities for businessmen and investors.
He noted that the further expansion of the Closer Economic Partnership Agreement, the government’s commitment to various major infrastructure projects and continuous financial reforms were among the various measures that would help businesses flourish.
“Internationally, the ICAC of Hong Kong is seen as an icon of anti-corruption. All of us in the ICAC are committed to do our utmost to ensure that a clean business environment perpetuates in Hong Kong,” Mr Tong added.
“We take strong enforcement actions against the unscrupulous and make sustained efforts to promote business ethics.”
On the preventive education side, for example, the ICAC had launched a comprehensive integrity training programme for company directors last September and would jointly produce with the Guangdong anti-corruption authorities a corruption prevention guidebo ok for small and medium enterprises with business operations across the boundary.
The newsletter also featured a major corporate corruption case involving a financial controller who accepted $9.6 million in bribes to award office decoration projects to a consultancy firm.
Members of the public can access the newsletter on the ICAC website ( http://www.icac.org.hk ).