Ex-engineer charged over HK$9 million IT orders
On.cc · 2 SOURCESabout 3 hours ago4 MIN
Summary
The Independent Commission Against Corruption has charged a former systems engineer of textile manufacturer Pacific Textiles and his relative over alleged fraud involving about HK$9 million in information technology procurement. The case centres on claims that the former employee concealed conflicts of interest, sourced products himself through online sales platforms, and resold them to the company through four suppliers at prices marked up by 6% to 8%.
Key Points
- Leung Kam-chiu (梁錦超), 33, a former systems engineer in Pacific Textiles' information technology department, faces four counts of fraud.
- Kong Cheuk-man (江卓文), 34, sole proprietor of Shing Kwong Hang Trading, was also charged and faces one count of fraud
- The alleged offences span July 2021 to March 2023 and involve 48 procurement orders with a total value of about HK$9 million.
- ICAC said the products were presented as being supplied by four vendors, including OX Technology and Shing Kwong Hang, without any conflict declaration.
- Investigators alleged OX Technology was solely owned by Leung, Shing Kwong Hang was run by his relative, and two other suppliers were operated by his friends.
Why It Matters
The defendants were granted bail and are due to appear at West Kowloon Magistrates' Courts on September 30, while the prosecution is expected to seek a transfer of the case to the District Court for plea. The allegations also point to the importance of written conflict-of-interest declarations in corporate procurement, as Pacific Textiles required staff involved in purchasing to make such disclosures