Two former senior executives of a publicly listed telecommunications company, charged by the ICAC, were today (Tuesday) each sentenced to four years’ imprisonment at the District Court for conspiracy to defraud the company and its subsidiaries of $12 million in consultancy fees through bogus agreements.

The former chairman of a tobacco manufacturer, charged by the ICAC, was today (Tuesday) sentenced to a jail term of four years and six months at the District Court for bribery and fraud in relation to cigarette smuggling activities.

Amid the global financial crisis, anti-corruption agencies of Hong Kong and Guangdong should step up cooperation to ensure a clean business environment in the region in view of increased social and economic ties between the two places, said ICAC Commissio ner Dr Timothy Tong Hin-ming.

A man has been charged by the ICAC for alleged conspiracy to defraud the Student Financial Assistance Agency (SFAA) of education subsidies totalling $22,500.

Two Police Constables have been charged by the ICAC for alleged conspiracy to pervert the course of public justice in relation to the investigation of traffic offences.

A former senior executive of a securities company and a financial adviser of a listed company have been charged by the ICAC in two separate cases for allegedly accepting bribes totalling $1.1 million and misleading the Securities and Futures Commission (S FC) in relation to the purchase of the listed company’s shares.

The Independent Commission Against Corruption holds an Open Day today (Sunday) to tie in with the Commission’s 35th anniversary. The ICAC Building will be opened to the public for the first time on two consecutive Sundays (February 15 and 22).

A member of the Wanchai District Council (WDC), charged by the ICAC, was today (Tuesday) sentenced to five months’ imprisonment at the District Court for offences of fraud and misconduct in relation to his false claims of Operating Expenses Allowance (OEA).

A member of the Wanchai District Council (WDC), charged by the ICAC, today (Monday) admitted at the District Court the offences of fraud and misconduct in relation to his false claims of Operating Expenses Allowance (OEA) after a judge dismissed his appli cation for a permanent stay of proceedings.

Members of the public will have a chance to tour various facilities of the ICAC Building later this month on two consecutive Sundays (February 15 and 22).