Four charged over alleged AlipayHK contract fraud
On.cc · 1 SOURCESabout 2 hours ago5 MIN
Summary
Four defendants, including two former employees of Alipay Payment Services (HK) Limited, made their first appearance at Eastern Magistrates’ Courts on September 10 over an alleged conspiracy to defraud involving an app development contract. Prosecutors allege the two employees concealed conflicts of interest by investing in and operating a software developer while arranging for their spouses to serve as its directors and shareholders. The court adjourned the case to November 20 to allow the defence to obtain documents, and all four defendants were allowed to remain on bail
Key Points
- The four defendants are Li Zhenyu (李鎮宇), 46, and Leung Kin-yan (梁健恩), 44, both former senior business development staff at Alipay Payment Services (HK) Limited, plus their wives Leung Ka-lai (梁嘉莉), 43, and Sun Qing (孫青), 40
- All four face one count of conspiracy to defraud, alleged to have taken place in Hong Kong between November 1, 2022 and June 2, 2025
- The charge says the wives were registered as the sole shareholders and directors of Hong Kong Yujia Technology Limited (香港域加科技有限公司), the app developer at the centre of the case
- Prosecutors allege AlipayHK was induced to appoint Yujia Technology as external technical developer for the “Medical and Health Booking” mini-programme operating within the AlipayHK mobile app
- The charge further alleges the two employees operated or invested in Yujia Technology while overseeing the mini-programme, failed to seek prior approval or disclose spousal relationships and conflicts, and distributed the company’s profits among the four defendants
Why It Matters
The case centres on whether internal procurement and conflict-of-interest controls at a major Hong Kong digital payments operator were bypassed for private gain. For Hong Kong readers, the proceedings may draw attention to governance expectations for technology outsourcing, especially where staff responsible for projects are also alleged to have undisclosed financial interests in vendors