Ex-banker in Hong Kong charged with accepting $150,000 bribe
A former head of private banking of a bank has been charged with accepting a bribe from a client. Ryan Gwee Yuan-kerr, 40, former head of private banking of Standard Chartered Bank (China), faces one count of an agent accepting an advantage, contrary to Section 9(1)(a) of the Prevention of Bribery Ordinance.
The charge alleges that on August 11, 2011, the defendant, without lawful authority or reasonable excuse, accepted $150,000 from a then chairman cum major shareholder of an insurance company as a reward for handling his bank account and bank accounts of the companies controlled by him.
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