A former team head of Bank of China Group Insurance Company Limited (BOCGI), Wong Ka-wing, was charged by the ICAC on December 4 with soliciting a bribe from a director of Pro Insurance & Financial Management Limited. The bribe, ranging from 1% to 3% of yearly insurance premiums totaling over $24 million, was allegedly sought to secure approval for motor insurance policies for 600 new taxis. The solicitation, which could have amounted to over $240,000, was rejected. Wong, charged under the Prevention of Bribery Ordinance, is out on bail and will appear in court on December 6. BOCGI fully cooperated with the investigation.
Resources: https://www.icac.org.hk/en/p/press/index_id_2018.html
