Senior executive of telecom company charged with accepting $1.7m bribes
2014-7-24
A senior executive of a listed telecommunications company has been charged by the ICAC with accepting $1.7 million in bribes for disclosing confidential tender information to a sole director of a technology company.
Wong Tin-wah, 53, an assistant vice president of PCCW Limited (PCCW), who was charged yesterday (Wednesday), faces three counts of agent accepting 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 (Friday) for transfer to the District Court.
At the material time, the defendant was supervising one of the four departments engaged in the design and development of the broadband network of PCCW. These departments were required to purchase technical products, for which suppliers were invited to su bmit tenders.
The charges allege that between July 1, 2010 and February 29, 2012, the defendant, without lawful authority or reasonable excuse, accepted three sums of $500,000, $700,000 and $500,000 as rewards for providing confidential information of PCCW to a sole di rector cum shareholder of a technology company to facilitate the latter and/or her company to bid for the contracts of PCCW.
The case arose from a corruption complaint referred by PCCW.
PCCW had rendered full assistance to the ICAC during its investigation.
The defendant has been released on ICAC bail, pending his court appearance tomorrow.
Wong Tin-wah, 53, an assistant vice president of PCCW Limited (PCCW), who was charged yesterday (Wednesday), faces three counts of agent accepting 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 (Friday) for transfer to the District Court.
At the material time, the defendant was supervising one of the four departments engaged in the design and development of the broadband network of PCCW. These departments were required to purchase technical products, for which suppliers were invited to su bmit tenders.
The charges allege that between July 1, 2010 and February 29, 2012, the defendant, without lawful authority or reasonable excuse, accepted three sums of $500,000, $700,000 and $500,000 as rewards for providing confidential information of PCCW to a sole di rector cum shareholder of a technology company to facilitate the latter and/or her company to bid for the contracts of PCCW.
The case arose from a corruption complaint referred by PCCW.
PCCW had rendered full assistance to the ICAC during its investigation.
The defendant has been released on ICAC bail, pending his court appearance tomorrow.