Published On: Mon, Apr 12th, 2010

Senior Manager of KPMG Charged With Bribery In Hong Kong

A senior manager of KPMG was charge Thursday April 8 by the Independent Commission Against Corruption (ICAC) with offering a $100,000 bribe to his subordinate in relation to the global offering of Hontex International Holdings Company Limited (Hontex).

Leung Sze-chit, aged 32, faces a charge of offering an advantage to an agent, contrary to Section 9(2)(a) of the Prevention of Bribery Ordinance.

The defendant appeared at Eastern Magistracy at 9:30 am Friday for mention.

The charge alleges that on February 20 this year, the defendant, together with another person, offered $100,000 to an employee of KPMG as a reward for preparing the accountant’s report in the prospectus for the global offering of Hontex.

The defendant has been released on ICAC bail, pending his court appearance tomorrow.

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