Hong Kong ICAC charges intermediary over alleged $400,000 cash bribes linked to IPO audit
Report date: (original source date). Article publication date: .
Report an error or privacy concernSummary
Hong Kong’s ICAC charged Chan Chau-wan with two counts of allegedly offering cash bribes totalling $400,000 to two KPMG managers in 2010. The ICAC alleges the payments were intended to assist Hontex International Holdings Company Limited’s Hong Kong listing and related audit work.
Chan was released on bail and is due to appear at the Eastern Magistrates’ Courts. The charges remain allegations; the source reports no plea, conviction or settlement.
