The ICAC today (Wednesday) charged two former directors and a former deputy finance controller of the Guangnan (Holdings) Limited (Guangnan) with conspiracy to defraud and to publish false statement.

The Independent Commission Against Corruption (ICAC) is on full steam in promoting corruption prevention education among Mandatory Provident Fund Schemes (MPF) service providers, with the implementation of the schemes only three months away.

The ICAC has arrested nine people in an operation commenced on Sunday (August 13) for alleged corruption, credit fraud and embezzlement offences in connection with the Guangnan (Holdings) Limited and its subsidiaries.

A former sales manager of a computer hardware firm was jailed for 20 months at the District Court today (Tuesday) for offences ranging from offering various computer hardware equipment in exchange for purchase orders, false accounting, to conspiracy to de fraud his employer.

A former sales manager of a computer hardware firm was convicted at the District Court today (Monday) of offering various computer hardware equipment in exchange for purchase orders.

A total of 24 Assistant Investigators (AIs) who graduated from the ICAC's Common Induction Course today (Friday) will be the first batch of ICAC officers to benefit from a newly developed "Mentor System".

A former managing director of an investment firm, charged by the ICAC with corruption and fraud offences involving about $50 million, was sentenced to six years' imprisonment at the Court of First Instance today (Friday).

The District Court today (Friday) meted out prison terms to three engineers formerly employed by the Mandarin Oriental Hotel Group (Mandarin Group) for taking over $1.1 million in illegal kickbacks to award $5 million worth of hotel contracts.

A former managing director of an investment firm, charged by the ICAC with corruption and fraud offences involving about $48 million, was convicted at the Court of First Instance today (Thursday)

A director of a local trading company admitted at Eastern Court today (Wednesday) that he had offered more than HK$430,000 in bribes to an overseas garment buyer for awarding purchase orders worth HK$16 million.