Two former senior executives of an architectural consultancy company, charged by the ICAC, were today (Monday) convicted at Kowloon City Magistracy of soliciting and accepting advantages in relation to a renovation project supervised by the company.

In response to press enquiries, an ICAC spokesman today (Tuesday) confirmed that 13 staff members of a bank were arrested for alleged corruption in relation to applications for machinery hire-purchase loans.

A former staff of a hotel and a meat supplier, charged by the ICAC, were today (Tuesday) jailed at the District Court for their roles in bribery scams in relation to food supplies to the hotel.

Three senior executives of two companies, charged by the ICAC, were today (Thursday) sentenced at the District Court for $1.9 million bribery charges and false accounting offences in relation to the supply of electrical materials to Hong Kong Housing Auth ority’s (HA) building projects.

The Independent Commission Against Corruption (ICAC) is prepared to tackle challenges brought by the financial and economic volatility as well as increased cross-boundary business activities, said Mrs Laura Cha, Chairman of the Advisory Committee on Corru ption (ACOC).

Two operators of two taxi companies, charged by the ICAC, were today (Thursday) sent to jail at the District Court for hiring a “scapegoat” to shoulder the blame for 20 traffic tickets incurred by drivers who rented taxis from the two companies.

A former managing director of a manufacturer of herbal tea products, charged by the ICAC, was today (Tuesday) ordered to perform community service for deceiving a Letter of Credit (L/C) facility and six hire-purchase loans totalling over $1.4 million with false invoices.

ICAC Commissioner, Dr Timothy Tong Hin-ming, urged listed companies and enterprises to enhance corporate governance and integrity building in facing grave challenges brought by the financial tsunami.

A merchant, charged by the ICAC, was today (Monday) sentenced to 55 months’ imprisonment at the District Court for his role in a $265 million Letters of Credit (L/C) fraud based on non-existent commercial transactions.

Three senior executives of two companies, charged by the ICAC, were today (Friday) convicted at the District Court of bribery and false accounting offences in relation to the supply of electrical materials to Hong Kong Housing Authority’s (HA) building projects.