Young people must show zero tolerance to corruption and must not compromise when tempted, said ICAC Commissioner Simon Peh Yun-lu today (April 26) at the Youth Summit of ICAC’s “i-Relay” Youth Integrity Project 2013/14 (YIP).

Six clients of a securities firm have been charged by the ICAC today (Friday) with offering a total of over $30,000 in illegal commissions to a then licensed representative accredited to the firm in relation to trading in securities.

The Independent Commission Against Corruption (ICAC) today (Wednesday) announced that Mr Cliff Sun, BBS, JP, Honorary President of the Federation of Hong Kong Industries, would replace Mr Song Lin as the Chairman of the Ethics Development Advisory Committee (EDAC) until the end of this year, with immediate effect.

Two insurance agents and a former manager of a bank appeared in the Kowloon City Magistracy today (Thursday) after being charged by the ICAC for their alleged roles in deceiving a client into taking out a $1.5 million insurance policy for securing a loan, and defrauding commissions totalling about $76,000.

Two directors of a printing company and a director of another trading company appeared in the Tsuen Wan Magistracy today (Wednesday) after being charged by the ICAC for allegedly defrauding bank loans totalling over $2.3 million and laundering those crime proceeds respectively.

A former chief executive officer of a hotel and a businessman have been charged today (Tuesday) by the ICAC with conspiracy to defraud the hotel owner of about $2.6 million and laundering $250,000 in relation to the setting up of a restaurant at the hotel .

A former chairman of the incorporated owners (IO) of a residential building today (Monday) appeared in the Eastern Magistracy after being charged by the ICAC with soliciting a bribe of $4,000 from a security supervisor and two security guards in relation to the approval of a one-off hardship allowance.

A former senior shipping manager of a trading company has been charged by the ICAC today (Monday) for allegedly accepting over $200,000 in illegal rebates from an operator of two logistics service companies in relation to the placing of transportation orders.

A former manager of a telecommunication networks provider has been charged by the ICAC with soliciting a bribe of up to $100,000 to help a shareholder of a telecommunication products trading firm secure business from the provider, and deceiving loans totalling $95,000 from the shareholder.

A subcontractor of the Leisure and Cultural Services Department (LCSD) has been charged by the ICAC for allegedly using false invoices to deceive project payments totalling over $12 million from the LCSD in relation to the supply and installation of shelters at public parks and gardens.