A property buyer, charged by the ICAC, was today (October 10) sentenced to 10 months’ imprisonment at the District Court for deceiving a bank and the HKMC Insurance Limited (HKMCI) into granting a mortgage loan with a loan-to-value (LTV) ratio of 80 per cent, amounting to about $7.8 million, by making false representations that a flat was purchased for self-use. The offences were revealed in the course of a corruption investigation by the ICAC.

Due to facilities improvement works, the ICAC Regional Office (HK West/Islands) at G/F, Harbour Commercial Building, 124 Connaught Road Central, Sheung Wan, Hong Kong will be temporarily closed from October 13 (Friday) for around six weeks. The ICAC apologises for any inconvenience caused.

A man appeared in the Tuen Mun Magistrates’ Courts today (October 5) for mention after being charged by the ICAC with bribing a bank employee for opening a personal bank account.

In the course of a corruption investigation by the ICAC, it was revealed that a property buyer had allegedly induced a bank not to demand repayment of a mortgage loan of over $8 million granted to her, meeting the owner-occupied requirement, with a loan-to-value (LTV) ratio of 80 per cent by concealing from the bank that the property was leased out. The property buyer was charged with fraud yesterday (October 4).

A property agent charged by the ICAC was today (October 4) convicted at the Kowloon City Magistrates’ Courts of soliciting and accepting bribes totalling $41,000 for assisting a tenant operating a claw machine shop to negotiate with the landlord for rent concessions and lease renewal during the COVID-19 pandemic.

A then Police Station Sergeant, charged by the ICAC, was today (October 3) sentenced to 22 months’ imprisonment at the District Court after admitting that he had solicited and accepted unauthorised loans totalling about $440,000 from three former colleagues, committed perversion in respect of ICAC investigation, and defrauded the Police and the Hong Kong Police Credit Union (HKPCU) of over $80,000.

A property buyer, charged by the ICAC, was today (October 3) convicted at the District Court of deceiving a bank and the HKMC Insurance Limited (HKMCI) into granting a mortgage loan with a loan-to-value (LTV) ratio of 80 per cent, amounting to about $7.8 million, by making false representations that a flat was purchased for self-use. The offences were revealed in the course of a corruption investigation by the ICAC.

An Assistant Officer II of the Correctional Services Department (CSD), charged by the ICAC, was today (September 28) sentenced to six months’ imprisonment at the West Kowloon Magistrates’ Courts for accepting bribes totalling over $10,000 for introducing various unauthorised articles into Lai Chi Kok Reception Centre (LCKRC) for a prisoner.

The ICAC has hosted a two-day Public Works Integrity Leadership Training for management staff of the construction industry to further strengthen the industry’s standard of governance.

A merchant, charged by the ICAC, was today (September 27) convicted at the West Kowloon Magistrates’ Courts of impersonating an ICAC officer to request three clinic staff to verify the medical certificates of a man. He was further found guilty of perversion by uploading five closed circuit television (CCTV) footages in respect of the case onto a social media platform before the trial, alleging that prosecution witnesses had fabricated the footages against him.