A former manager at Standard Chartered Bank has admitted to helping an illegal syndicate deceive Japanese investors into pouring more than 400 million yen (US$2.7 million) into projects in Africa, following an investigation by Hong Kong’s anti-corruption agency.
The Commission Against Corruption (ICAC) said on Monday that Leung Ho-yin, a former relationship manager at the bank, had pleaded guilty to two counts of conspiracy to defraud.
The watchdog first investigated the corruption report and…
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