Ex-banker charged with accepting $150,000 bribe for handling accounts
2018-1-9
A former head of private banking of a bank has been charged by the ICAC today (January 9) with accepting a bribe of $150,000 from a client for handling bank accounts held by the client and companies controlled by him.
Ryan Gwee Yuan-kerr, 40, former head of private banking of Standard Chartered Bank (China) Limited (SCB China), faces one count of agent accepting an advantage, contrary to Section 9(1)(a) of the Prevention of Bribery Ordinance.
The defendant will appear in the Eastern Magistracy tomorrow (January 10) for plea.
At the material time, the defendant was the head of private banking of SCB China. Apart from supervising a sales team of the private banking division of Standard Chartered Bank (Hong Kong) Limited (SCB HK), he was tasked to handle its customers and promote various banking services to them.
The charge alleges that on August 11, 2011, the defendant, without lawful authority or reasonable excuse, accepted $150,000 from a then chairman cum major shareholder of an insurance company as a reward for handling his bank account and bank accounts of the companies controlled by him.
The case arose from a corruption complaint. Subsequent ICAC enquiries revealed the above alleged offence.
SCB HK has rendered full assistance to the ICAC during its investigation.
The defendant has been released on ICAC bail, pending his court appearance tomorrow.
Ryan Gwee Yuan-kerr, 40, former head of private banking of Standard Chartered Bank (China) Limited (SCB China), faces one count of agent accepting an advantage, contrary to Section 9(1)(a) of the Prevention of Bribery Ordinance.
The defendant will appear in the Eastern Magistracy tomorrow (January 10) for plea.
At the material time, the defendant was the head of private banking of SCB China. Apart from supervising a sales team of the private banking division of Standard Chartered Bank (Hong Kong) Limited (SCB HK), he was tasked to handle its customers and promote various banking services to them.
The charge alleges that on August 11, 2011, the defendant, without lawful authority or reasonable excuse, accepted $150,000 from a then chairman cum major shareholder of an insurance company as a reward for handling his bank account and bank accounts of the companies controlled by him.
The case arose from a corruption complaint. Subsequent ICAC enquiries revealed the above alleged offence.
SCB HK has rendered full assistance to the ICAC during its investigation.
The defendant has been released on ICAC bail, pending his court appearance tomorrow.