Ex-purchasing manager of toys company charged for alleged bribery and theft
2009-5-26
A former purchasing manager of a toys company has been charged by the ICAC for allegedly accepting $730,000 in illegal rebates from suppliers and misappropriating company funds totalling $486,000.
Chan Oi-lan, 36, former purchasing manager of Kings Toys Limited (Kings Toys), faces four counts of agent accepting advantages, contrary to Section 9(1)(a) of the Prevention of Bribery Ordinance. She also faces one count of theft and an alternative charg e of fraud.
The defendant will appear in Eastern Magistracy at 9:30 am tomorrow (Wednesday) for transfer to the District Court for plea.
The bribery charges allege that between June 2004 and February 2008, the defendant accepted a total of over $719,000 and 14,400 renminbi from four suppliers as rewards for placing orders with them.
The defendant is also alleged to have stolen a total of over $486,900 from Kings Toys between January 2004 and January 2008.
The alternative charge alleges that during the above period, the defendant concealed from Kings Toys a total of over $486,900 in sponsorships, and with intent to defraud, induced Kings Toys not to demand her to hand over the sponsorships.
The sponsorships, which the defendant allegedly received from the suppliers, were intended for the benefits of the employees of Kings Toys.
The defendant has been released on ICAC bail, pending her court appearance tomorrow.
Chan Oi-lan, 36, former purchasing manager of Kings Toys Limited (Kings Toys), faces four counts of agent accepting advantages, contrary to Section 9(1)(a) of the Prevention of Bribery Ordinance. She also faces one count of theft and an alternative charg e of fraud.
The defendant will appear in Eastern Magistracy at 9:30 am tomorrow (Wednesday) for transfer to the District Court for plea.
The bribery charges allege that between June 2004 and February 2008, the defendant accepted a total of over $719,000 and 14,400 renminbi from four suppliers as rewards for placing orders with them.
The defendant is also alleged to have stolen a total of over $486,900 from Kings Toys between January 2004 and January 2008.
The alternative charge alleges that during the above period, the defendant concealed from Kings Toys a total of over $486,900 in sponsorships, and with intent to defraud, induced Kings Toys not to demand her to hand over the sponsorships.
The sponsorships, which the defendant allegedly received from the suppliers, were intended for the benefits of the employees of Kings Toys.
The defendant has been released on ICAC bail, pending her court appearance tomorrow.