在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

  Home>News Center>China
       
 

HK jewellery tycoon nabbed on corruption
(China Daily HK Edition)
Updated: 2005-04-24 10:41

Jewellery tycoon Tse Sui-luen and his son, Tommy Tse Tat-fung, have been arrested for an alleged illegal commission scheme and misappropriating listed company funds.


Jewellery tycoon Tse Sui-luen (L) and his son, Tommy Tse Tat-fung [sohu]

They were among 11 persons arrested by the Independent Commission Against Corruption (ICAC) in an operation code-named "Pearl", which started on Tuesday.

Tse Sui-luen, 68, is former chairman of Tse Sui Luen Jewellery (International) Limited (TSL), a listed company he himself founded, and his son Tommy is the incumbent chairman.

Also arrested were a former deputy chairman and three business promotion managers of the company; an assistant manager, a former assistant manager and a former senior manager of a travel agency; and two other civilians.

It was alleged that Tse Sui-luen and the TSL employees were involved in a scheme to offer kickbacks to employees of a number of travel agencies and to help them evade tax.

The illegal commissions, which were allegedly arranged without the prior approval of the travel agencies' management, were rewards for their staff to arrange tour groups to visit the TSL showrooms.

To cover up the suspected illegal practices, the commissions were allegedly routed through three off-shore companies controlled by TSL's senior management and their associates.

According to Travel Industry Council's Code of Conduct for Tourist Guides, a tourist guide must not accept "rebates from a retail shop as an inducement to or a reward for recommending tourists to patronize the latter without first seeking permission from his/her travel agent"; and such practice is in violation of the Prevention of Bribery Ordinance.

ICAC inquiries also revealed that Tommy Tse had allegedly misappropriated company funds totalling over HK$2 million, while other members of the senior management were suspected of having assisted in covering up the misappropriation.

Trading in TSL's stocks was suspended on Thursday, pending the announcement of stock price-sensitive information.



 
  Today's Top News     Top China News
 

China initiates five proposals on ties with Japan

 

   
 

Boycotting Japanese goods makes no good

 

   
 

Asia-Africa strategic partnership signed

 

   
 

AP cameraman killed in Iraq attacks

 

   
 

Jia: Building harmonious, prosperous Asia

 

   
 

NPC solicits views on law interpretation

 

   
  HK jewellery tycoon nabbed on corruption
   
  China's SME board reports good achievements
   
  Chinese president meets with Indian PM
   
  China initiates five proposals on ties with Japan
   
  China committed to int'l cooperation against corruption
   
  Expatriate drivers to take Chinese tests
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 欧美一级免费播放 | 91精品入口蜜桃 | 男女做网站| 黄色网页免费观看 | 精品色区 | 99久久久国产精品 | 日本在线网 | 午夜香蕉视频 | 一本色道久久综合亚洲精品不 | 久久久精品免费观看 | 热久久久久| 热re99久久精品国产99热 | 精品国产乱码久久久久久1区2区 | 一区二区视频免费 | 欧美一级二级视频 | 国产一区二区三区不卡在线观看 | 国产一区二区影院 | 久久亚洲天堂 | 午夜免费视频福利 | 成人在线网站 | 视频一区久久 | 天天操网 | 日本理论片好看理论片 | 国产在线观看 | 亚洲黄色成人 | 99久久久国产精品 | 国产三级在线免费观看 | www.日韩av.com | 国产精品美女在线观看 | 精品国产乱码久久久久夜 | 国产一区二区三区在线免费观看 | 日韩在线视频精品 | 国产精品久久久久久久久久三级 | 一区二区三区四区精品 | 一区二区亚洲视频 | 欧美三级视频 | 免费国产一区 | 国产一区二区三区四区在线观看 | 免费欧美视频 | 黄色一级视 | 精品欧美一二三区 |