If you can't do the time ...

Former chief of Wardley merchant bank stalls sentencing on health grounds after being found guilty of accepting bribes from Carrian Group boss George Tan

Former Wardley boss Ewan Launder, who in Marcháwasáfound guilty of accepting a HK$4.5 million $578,000 bribe 20 years ago, has managed to have his sentencing delayed on grounds of a possible medical problem.

While chief executive of Wardley, the then merchant banking arm of HSBC, Launder accepted the payment from Carrian Group boss George Tan Soon-gin in connection with loans extended to Carrian by Wardley. A warrant was put out for the arrest of Launder, now...

To continue reading, please login or register for free

Click for more on:

Print Edition

FinanceAsia Print Edition

CONFERENCES