An ICAC corruption investigation into bank officers earlier revealed that four people had conspired with others to deceive Japanese investors into investing over JPY400 million (about HK$28.4 million) in various companies which took part in investment projects in Africa by falsely representing that those companies’ bank accounts held asset totalling over HK$37 billion, and by using false bank documents. A self-employed financial consultant on July 8 pleaded guilty to conspiracy to defraud at the District Court.
Resources: https://www.icac.org.hk/en/p/press/index_id_1909.html