ICBC (Asia) Executive Is Charged, Released in Bribery Case
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An executive from Industrial & Commercial Bank of China (Asia) Ltd. and two other people were released on bail after being charged in a bribery case brought by Hong Kong’s Independent Commission Against Corruption.
Derick Chan Po-fui, 50, head of the corporate banking department, and Chan Yick-yiu, 43, former head of real estate and finance at the bank, were charged, the anti-graft agency said in a statement yesterday. Zeng Wei, 47, a major shareholder of United Win Holdings Ltd., was also charged, the ICAC said.