Company director charged with bribing bank staff for inward remittance
2019-8-28
A director of a trading company has been charged by the ICAC today (August 28) with offering a bribe of Renminbi 1,000 to an employee of a bank for expediting the process of handling a remittance of about US$40,000.
Zhong Xiaoping, 36, sole director-cum-shareholder of Bora Commercail Co., Limited (Bora), faces one count of offering an advantage to an agent, contrary to Section 9(2)(a) of the Prevention of Bribery Ordinance.
A corruption complaint was earlier referred to the ICAC by DBS Bank (Hong Kong) Limited (DBS Hong Kong). The defendant was arrested by ICAC officers for allegedly committing the bribery offence when he visited a branch of DBS Hong Kong yesterday (August 27).
After seeking legal advice from the Department of Justice, the defendant has been charged with the offence and will be brought to the Kowloon City Magistracy tomorrow (August 29) for plea.
At the material time, the defendant was the sole director-cum-shareholder of Bora, a motorcycle accessories trading company which held a corporate bank account with DBS Hong Kong.
The charge alleges that on August 15, 2019, the defendant, without lawful authority or reasonable excuse, offered a sum of Renminbi 1,000 to a unit manager of DBS Hong Kong as an inducement to or reward for expediting the process of handling a remittance of about US$40,000 to be deposited into the bank account of Bora with DBS Hong Kong.
The unit manager of DBS Hong Kong rejected the offer and reported the matter to the management of the bank.
DBS Hong Kong has rendered full assistance to the ICAC during its investigation into the case.
Zhong Xiaoping, 36, sole director-cum-shareholder of Bora Commercail Co., Limited (Bora), faces one count of offering an advantage to an agent, contrary to Section 9(2)(a) of the Prevention of Bribery Ordinance.
A corruption complaint was earlier referred to the ICAC by DBS Bank (Hong Kong) Limited (DBS Hong Kong). The defendant was arrested by ICAC officers for allegedly committing the bribery offence when he visited a branch of DBS Hong Kong yesterday (August 27).
After seeking legal advice from the Department of Justice, the defendant has been charged with the offence and will be brought to the Kowloon City Magistracy tomorrow (August 29) for plea.
At the material time, the defendant was the sole director-cum-shareholder of Bora, a motorcycle accessories trading company which held a corporate bank account with DBS Hong Kong.
The charge alleges that on August 15, 2019, the defendant, without lawful authority or reasonable excuse, offered a sum of Renminbi 1,000 to a unit manager of DBS Hong Kong as an inducement to or reward for expediting the process of handling a remittance of about US$40,000 to be deposited into the bank account of Bora with DBS Hong Kong.
The unit manager of DBS Hong Kong rejected the offer and reported the matter to the management of the bank.
DBS Hong Kong has rendered full assistance to the ICAC during its investigation into the case.