Eight former members of an education fund today (Wednesday) received jail terms up to 12 months at District Court for stealing over $2 million from the fund and misleading the ICAC during its investigation into a suspected corruption case involving the th eft.

The Independent Commission Against Corruption was today (Tuesday) commended for its effective and deterrent efforts in combatting counterfeit credit card fraud, which resulted in a drop of cases involving the skimming of card data at retail outlets.

A director of a trading company was today (Wednesday) sentenced to five years' imprisonment at the Court of First Instance for cheating four banks out of $53 million in connection with applications from Guangnan (Holdings) Limited (Guangnan) for Letters o f Credit (L/Cs) facilities based on bogus commercial transactions.

A Chief Building Services Engineer of the Housing Department (HD) appeared at Eastern Magistracy this (Tuesday) morning for allegedly accepting $3.36 million in bribes and for alleged misconduct in public office.

A Chief Building Services Engineer of the Housing Department (HD) was today (Thursday) charged by the ICAC with allegedly accepting $3.36 million in bribes and misconduct in public office in relation to the management of building services contracts and wo rks supervision at a number of Housing Authority (HA) housing projects.

An Acting Chief Executive Officer (CEO) and an Executive Officer (EO) of the Television and Entertainment Licensing Authority (TELA) were arrested by the ICAC yesterday (Tuesday) for alleged corruption and abuse of authority in awarding TELA's printing an d production contracts worth about $1.76 million in total.

The ICAC yesterday (Monday) arrested five former laboratory technicians for allegedly forging test reports in relation to concrete used for Housing Department (HD)'s construction projects in Tin Shui Wai Area 110.

A former dealer of a securities company was sentenced to six years' imprisonment at the Court of First Instance today (Friday) for swindling about $12 million worth of cash and shares from her clients to make up for her own losses in share investment.

A member of a human smuggling syndicate, which arranged for Mainland residents to swap boarding passes at the Hong Kong International Airport and enter the United States with forged passports, was sentenced to 20 months' imprisonment at District Court tod ay (Tuesday).

A former director of BBC Worldwide Limited (BBCW), charged by the ICAC for alleged bribery and fraud over the placing of purchase orders for toys, appeared in Eastern Magistracy today (Monday).