Hong Kong bank manager guilty in HK$21 million fraud against Japanese investors
A former manager at Standard Chartered Bank has admitted 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 Independent Commission Against Corruption (ICAC) said on Monday that Leung Ho-yin, a former relationship manager at the…