Focus on e-mail in bribery trial of ex-bank official - News Summed Up

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Focus on e-mail in bribery trial of ex-bank official


Focus on e-mail in bribery trial of ex-bank officialCatherine Leung is fighting charges she bribed Ang Keng-lam by having his son employed at investment bank JP Morgan's Hong Kong office in 2010. JP Morgan established a client-referral program in 2008 that allows staff to recommend clients' relatives to be trained or employed by the bank. Lee said Leung recommended Ang Ren-yi to a department head of JP Morgan in an e-mail on January 10, 2010. Lee said the e-mail was sent when Kerry Logistics was in an early stage of preparing for its initial public offering. At the time, JP Morgan offered him an annual salary of HK$540,000 with a HK$180,000 accommodation subsidy.


Source: The Standard September 14, 2020 19:07 UTC



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