Ex-bank manager charged with conspiracy to accept RMB2.7m bribes
2016-7-5
A former manager of a bank has been charged by the ICAC today (Tuesday) with accepting bribes totalling about RMB2.7 million from two customers for handling accounts of companies maintained with the bank, which were controlled by or associated with them.
Tseng Wie-chih, 49, a former relationship manager of Bank of Communications Company Limited, Hong Kong Branch (BOCM Hong Kong Branch), faces two counts of conspiracy to accept advantages as an agent, contrary to Section 9(1)(a) of the Prevention of Bribery Ordinance and Section 159A of the Crimes Ordinance.
The defendant will appear in the Eastern Magistracy on Thursday (July 7) for transfer of the case to the District Court for plea.
One of the charges alleges that between October 1, 2010 and January 9, 2014, the defendant conspired with a customer to accept bribes consisting of about RMB2 million from the customer as a reward for handling the accounts of the companies maintained with BOCM Hong Kong Branch, which were controlled by or associated with the customer.
The other charge alleges that between an unknown date in 2012 and January 9, 2014, the defendant conspired with another customer to accept bribes consisting of about RMB700,000 from that customer as a reward for handling the accounts of the companies maintained with BOCM Hong Kong Branch, which were controlled by or associated with that customer.
BOCM Hong Kong Branch has rendered full assistance to the ICAC during its investigation.
The defendant has been released on ICAC bail, pending his court appearance on Thursday.
Tseng Wie-chih, 49, a former relationship manager of Bank of Communications Company Limited, Hong Kong Branch (BOCM Hong Kong Branch), faces two counts of conspiracy to accept advantages as an agent, contrary to Section 9(1)(a) of the Prevention of Bribery Ordinance and Section 159A of the Crimes Ordinance.
The defendant will appear in the Eastern Magistracy on Thursday (July 7) for transfer of the case to the District Court for plea.
One of the charges alleges that between October 1, 2010 and January 9, 2014, the defendant conspired with a customer to accept bribes consisting of about RMB2 million from the customer as a reward for handling the accounts of the companies maintained with BOCM Hong Kong Branch, which were controlled by or associated with the customer.
The other charge alleges that between an unknown date in 2012 and January 9, 2014, the defendant conspired with another customer to accept bribes consisting of about RMB700,000 from that customer as a reward for handling the accounts of the companies maintained with BOCM Hong Kong Branch, which were controlled by or associated with that customer.
BOCM Hong Kong Branch has rendered full assistance to the ICAC during its investigation.
The defendant has been released on ICAC bail, pending his court appearance on Thursday.