Ex-manager of media company charged with $19m works orders fraud
2016-10-20
A former facilities manager of a media company has been charged by the ICAC with fraud in relation to the award of over $19 million worth of works orders to a company owned by his father without declaration.
Stephen Lam Wing-on, 39, former facilities manager of Thomson Reuters Hong Kong Limited (formerly known as Reuters Hong Kong Limited) (TRHK), who was charged yesterday (Wednesday), faces one count of fraud, contrary to Section 16A of the Theft Ordinance.
The defendant will appear at the Eastern Magistracy tomorrow (Friday) for transfer of the case to the District Court for plea.
The case arose from a corruption complaint. Subsequent ICAC enquiries revealed the above alleged offence.
At the material time, the defendant was employed by TRHK as facilities manager attached to its facilities and real estate management team, which was responsible for maintaining office equipment and facilities of the offices of the company in Hong Kong.
Skytech Engineering & Co. (Skytech) was established in January 2007, with the defendant’s father as its registered proprietor.
The charge alleges that between August 2007 and February 14, 2014, the defendant failed to declare to TRHK his and/or his father’s interests in Skytech, and with intent to defraud, induced TRHK to include and maintain Skytech in the list of approved suppliers for the provision of goods and services, which resulted in benefit to Skytech or in prejudice to TRHK.
As a result, Skytech was awarded works orders for the provision of goods and services to TRHK, which were said to be worth over $19 million in total.
TRHK has rendered full assistance to the ICAC during its investigation.
The defendant has been released on ICAC bail, pending his court appearance tomorrow.
Stephen Lam Wing-on, 39, former facilities manager of Thomson Reuters Hong Kong Limited (formerly known as Reuters Hong Kong Limited) (TRHK), who was charged yesterday (Wednesday), faces one count of fraud, contrary to Section 16A of the Theft Ordinance.
The defendant will appear at the Eastern Magistracy tomorrow (Friday) for transfer of the case to the District Court for plea.
The case arose from a corruption complaint. Subsequent ICAC enquiries revealed the above alleged offence.
At the material time, the defendant was employed by TRHK as facilities manager attached to its facilities and real estate management team, which was responsible for maintaining office equipment and facilities of the offices of the company in Hong Kong.
Skytech Engineering & Co. (Skytech) was established in January 2007, with the defendant’s father as its registered proprietor.
The charge alleges that between August 2007 and February 14, 2014, the defendant failed to declare to TRHK his and/or his father’s interests in Skytech, and with intent to defraud, induced TRHK to include and maintain Skytech in the list of approved suppliers for the provision of goods and services, which resulted in benefit to Skytech or in prejudice to TRHK.
As a result, Skytech was awarded works orders for the provision of goods and services to TRHK, which were said to be worth over $19 million in total.
TRHK has rendered full assistance to the ICAC during its investigation.
The defendant has been released on ICAC bail, pending his court appearance tomorrow.