Senior executive of tunnel management company charged with soliciting $6m bribe
2013-5-20
A senior executive of a tunnel management company has been charged by the ICAC with soliciting a bribe of over $6 million from another management company in relation to a new contract for management of two tunnels.
Victor Leung Yau-wing, 66, assistant general manager of Greater Lucky (HK) Company Limited (Greater Lucky), who was charged last Thursday (May 16), faces one count of agent soliciting an advantage, contrary to Section 9(1)(a) of the Prevention of Bribery Ordinance.
The defendant will appear in the Eastern Magistracy at 9:30 am tomorrow (May 21) for transfer to the District Court for plea.
At the material time, the defendant was employed by the parent company of Greater Lucky as a transport affairs director acting for Greater Lucky.
In April 2012, Greater Lucky was awarded a new contract by the Transport Department (TD) to replace Serco Group (HK) Limited (Serco) as the new management company of Kai Tak Tunnel and Lion Rock Tunnel at over $400 million. The signing of the contract wa s scheduled for late July 2012.
The charge alleges that on July 10, 2012, prior to the signing of the new contract, the defendant solicited a bribe from a representative of Serco, purporting that Greater Lucky would delay the signing of the contract with TD.
The alleged bribe, which was equivalent to 1.5% of the price of the contract, amounted to over $6 million.
The defendant has been released on ICAC bail, pending his court appearance tomorrow.
Victor Leung Yau-wing, 66, assistant general manager of Greater Lucky (HK) Company Limited (Greater Lucky), who was charged last Thursday (May 16), faces one count of agent soliciting an advantage, contrary to Section 9(1)(a) of the Prevention of Bribery Ordinance.
The defendant will appear in the Eastern Magistracy at 9:30 am tomorrow (May 21) for transfer to the District Court for plea.
At the material time, the defendant was employed by the parent company of Greater Lucky as a transport affairs director acting for Greater Lucky.
In April 2012, Greater Lucky was awarded a new contract by the Transport Department (TD) to replace Serco Group (HK) Limited (Serco) as the new management company of Kai Tak Tunnel and Lion Rock Tunnel at over $400 million. The signing of the contract wa s scheduled for late July 2012.
The charge alleges that on July 10, 2012, prior to the signing of the new contract, the defendant solicited a bribe from a representative of Serco, purporting that Greater Lucky would delay the signing of the contract with TD.
The alleged bribe, which was equivalent to 1.5% of the price of the contract, amounted to over $6 million.
The defendant has been released on ICAC bail, pending his court appearance tomorrow.