A former director and deputy general manager of a subsidiary of publicly listed Guangnan (Holdings) Limited (Guangnan), charged by the ICAC, was today (Tuesday) sentenced to three years and four months' imprisonment at the Court of First Instance for a US $31.5 million (about HK$246 million) Letters of Credit (L/C) fraud based on bogus commercial transactions.

Five persons, including the general manager of publicly listed Shanghai Land Holdings Limited (Shanghai Land), were today (Monday) charged by the ICAC for alleged manipulation of share prices of the listed company and embezzlement of company funds.

The ICAC will conduct a comprehensive review and formulate a five- year plan on information technology development strategy to boost its intelligence analysis capability as well as to enhance manpower resources and financial management, ICAC Commissioner Raymond Wong Hung-chiu reveals.

The Commissioner of the Independent Commission Against Corruption (ICAC), Mr Raymond Wong Hung-chiu, briefed the head of the anti-corruption office of the Mainland's Supreme People's Procuratorate (SPP) on Hong Kong's latest anti-corruption initiatives du ring his visit to the territory.

The Court of First Instance today (Friday) dismissed the appeals of artiste Nicholas Tse and Police Constable Lau Chi-wai against their convictions of conspiracy to pervert the course of public justice in relation to a traffic accident.

Ten officers of the Independent Commission Against Corruption (ICAC) were today (Friday) presented awards in recognition of their distinguished service.

A Senior Superintendent of Police was today (Friday) convicted at District Court of misconduct in public office over the acceptance of free sexual services from prostitutes.

The ICAC has today (Wednesday) charged the chairman and an executive director of the publicly listed Global Trend Intelligent Technologies Limited (Global Trend) for alleged fraud offences.

In response to media enquiries, an ICAC spokesman said the Commission has until now received 351 complaints alleging irregularities concerning the 2003 District Council (DC) Election, 339 of which were pursuable.

A former emigration consultant, wanted by the ICAC for an alleged scam to help his clients emigrate to Canada with forged academic certificates, was brought to Western Magistracy this (Friday) morning following his return from Canada.