ICAC Commissioner Woo Ying-ming today (December 4) commended about 270 officers for their professionalism, outstanding performance and dedicated services, making various breakthroughs and records in their respective anti-corruption duties as the organisation marked its golden jubilee.

A former manager of an electric motors company, charged by the ICAC, was today (December 4) sentenced to 54 months’ imprisonment at the Court of First Instance of the High Court for deceiving the company into placing over 1,300 purchase orders of electronic parts worth totalling over $70 million with a supplier in six and a half years by concealing the interest of himself and his family member in the supplier.

A proprietor of a Small and Medium Enterprise (SME), charged by the ICAC, was today (December 3) sentenced to 38 months’ imprisonment at the District Court for deceiving a bank into approving a loan of over $3.8 million under the Special 100% Loan Guarantee (SLG) scheme by overstating the number of staff employed by the company and its payroll expenses.

A then manager of the Securities and Futures Commission (SFC) and two personal friends of him were charged by the ICAC today (November 29) with conspiracy to commit misconduct in public office (MIPO). It is alleged that the then SFC manager had divulged confidential information in relation to a rights issue exercise of a real estate investment trust to the two personal friends for making investment profits totalling over $11 million.

The ICAC had earlier charged a former proprietor of an immigration consultancy for allegedly conspiring with a client to deceive the Immigration Department (ImmD) into granting an investment entrant application by making false representation about the latter’s investment of HK$10 million in Hong Kong. Ten additional charges were laid against the proprietor yesterday (November 27) as enquiries by the Commission revealed that he was also implicated in other similar schemes. Meanwhile, four investment entrant applicants and an employee of the immigration consultancy concerned were also charged.

A then Police Constable was charged by the ICAC today (November 27) for allegedly deceiving the Hong Kong Police Credit Union (HKPCU) into granting him a loan of over $57,000 by concealing his other loans totalling over $500,000 obtained from six financial institutions.

A former manager of an electric motors company, charged by the ICAC, today (November 25) admitted at the Court of First Instance of the High Court that he had deceived the company into placing over 1,300 purchase orders of electronic parts worth totalling over $70 million with a supplier in six and a half years by concealing the interest of himself and his family member in the supplier.

An ICAC corruption investigation earlier revealed a dummy insurance agents’ scheme where individuals had conspired together to defraud two insurers of commissions totalling about $52 million by making false representation about the handling agents of 478 insurance policies and to launder crime proceeds. The mastermind, a former branch manager of an insurer, and 12 dummy insurance agents today (November 23) pleaded guilty at the District Court to their respective roles in the scheme.

A retired Inspector of the Customs and Excise Department (C&E) and his wife were charged by the ICAC yesterday (November 21) for allegedly concealing their non-compliance of the relevant live-in requirement under the Home Financing Scheme (HFS) for civil servants to deceive the government into granting them housing allowance totalling over $1.5 million.

A then Police Constable was charged by the ICAC yesterday (November 20) with an offence under the Prevention of Bribery Ordinance (POBO) for allegedly accepting an unauthorised loan of $15,000 from a person (the subject) previously involved in Police enquiries handled by him.