Former Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins

Bloomberg2021-08-09

A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery. Eugene ...

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24627d80
2021-08-09
24627d80
Hi
WWTan
2021-08-09
WWTan
Pls like
- 24627d80:
  Hi
BBBBBBBBBB
2021-08-09
BBBBBBBBBB
Ok
sQzC
2021-08-09
sQzC
Pls like.
- Whiteowl88:
  Ok
BIGpotato
2021-08-09
BIGpotato
Comment thanks
- sQzC:
  Ok
- TokHao:
  lol
EmmanuelQeen
2021-08-09
EmmanuelQeen
Like pls... Tq =)

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The city’s anti-graft body, the Independent Commission Against Corruption, first took the pair to court in March 2020. They had been on bail since, until today’s court appearance.\nYeoh and Lum pleaded not guilty to all charges and will remain on bail.\nStarting in 2015, Hong Kong Jockey Club member Lum recommended Yeoh’s later successful application to join the club, according to the prosecution.\nFrom 2017, Lum also provided Yeoh with HK$9.15 million. They, as well as Yeoh’s wife, would meet at Exchange Square podium -- just steps away from the bourse’s office -- and at a restaurant in a local shopping mall, Elements, where Lum gave “paper bags with content” to Yeoh, according to the prosecutor.\nYeoh and his wife used the money to purchase investment funds and pay off credit card loans, the prosecutor said. 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He backed the applications and endorsed approvals to the exchange’s internal listing department as well as the listing committee, an external group of professionals that decide on approvals, she said.\nCourt proceedings will resume on Monday next 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