On 9 January 2025, the ICAC charged Deng Yingxia, a former Associate Director of the Securities and Futures Commission (SFC), with one count of conspiracy to pervert the course of public justice. Deng, 48, was accused of providing advice to individuals under investigation for suspected market manipulation involving a listed company, including instructions on how to handle the probe and destroy potential evidence. The charge stems from a corruption complaint that led to her arrest in April 2024 during a joint operation by the ICAC and SFC. At the time, Deng, posted to the Market Misconduct Team of the SFC’s Enforcement Division, had access to confidential information related to an investigation into China Gas Industry Investment Holdings Company Limited but was not directly involved in the investigative work. It is alleged that between 15 and 27 July 2022, she conspired with one of the investigation’s subjects by advising them on how to respond to the probe and destroy evidence. Deng has been released on ICAC bail and will appear at the Eastern Magistrates’ Courts on 10 January 2025 for mention. The ICAC emphasized its commitment to safeguarding the integrity of Hong Kong’s financial markets and its zero-tolerance stance toward corruption and misconduct, particularly involving public officers. The SFC fully cooperated with the ICAC during the investigation.
Resources: https://www.icac.org.hk/en/p/press/index_id_2031.html
