Ex-ING fund mgr, ex-UBS analyst face bribe charges

Adrian Foo is accused by the government of accepting bribes to hold Kwong Hing stock; his court appearance is today.

Hong Kong's Independent Commission Against Corruption ICAC has brought charges against Adrian Foo Tiang-hock, former portfolio manager at ING Investment Management, and Nicholas Tan Chye-seng, former executive director at UBS Securities, for fraud and bribery. It has also charged Li Man-tak, executive director of publicly listed Kwong Hing International Holdings Bermuda and Louis Lin Chak-pui, former director at SBI E2-Capital China Holdings.

All four defendants have been released on bail and face a court appearance before...

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