Ex-bank staff in court for bribery over sales target
2017-1-11
A former sales manager and a former direct sales executive (DSE) of a bank appeared in the Kowloon City Magistracy today (January 11) after being charged by the ICAC for their alleged roles in a bribery scam to enable another DSE to meet his sales target.
Chow Hoi-chun, 32, former sales manager of China Construction Bank (Asia) Corporation Limited (CCB), and Ronald Kwok Wai-lun, 27, former DSE of CCB, who were charged on Monday (January 9), faced a joint charge of conspiracy for an agent to solicit an advantage, contrary to Section 9(1)(a) of the Prevention of Bribery Ordinance and Section 159A of the Crimes Ordinance.
No plea was taken. Magistrate Veronica Heung Shuk-han adjourned the case until March 8 this year for plea.
At the material time, Chow was a sales manager of CCB, who headed a direct sales team tasked to source applicants for loan products of the bank. Kwok was among DSEs working under the supervision of Chow.
The charge alleged that between August 6 and 14, 2015, Chow and Kwok conspired together for Kwok to solicit $6,000 from another DSE as a reward for Kwok to arrange for loan applications handled by other DSEs to be transferred to that DSE to enable him to achieve the monthly sales target set by the bank.
Chow and Kwok were granted cash bail of $1,000 each, and ordered not to interfere with prosecution witnesses.
CCB had rendered full assistance to the ICAC during its investigation.
The prosecution was today represented by ICAC officer Eric Siu.
Chow Hoi-chun, 32, former sales manager of China Construction Bank (Asia) Corporation Limited (CCB), and Ronald Kwok Wai-lun, 27, former DSE of CCB, who were charged on Monday (January 9), faced a joint charge of conspiracy for an agent to solicit an advantage, contrary to Section 9(1)(a) of the Prevention of Bribery Ordinance and Section 159A of the Crimes Ordinance.
No plea was taken. Magistrate Veronica Heung Shuk-han adjourned the case until March 8 this year for plea.
At the material time, Chow was a sales manager of CCB, who headed a direct sales team tasked to source applicants for loan products of the bank. Kwok was among DSEs working under the supervision of Chow.
The charge alleged that between August 6 and 14, 2015, Chow and Kwok conspired together for Kwok to solicit $6,000 from another DSE as a reward for Kwok to arrange for loan applications handled by other DSEs to be transferred to that DSE to enable him to achieve the monthly sales target set by the bank.
Chow and Kwok were granted cash bail of $1,000 each, and ordered not to interfere with prosecution witnesses.
CCB had rendered full assistance to the ICAC during its investigation.
The prosecution was today represented by ICAC officer Eric Siu.