Hong Kong group alleges MPF fraud

Are MPF service providers playing dirty? they are, according to the HKRSA.

The Hong Kong Retirement Schemes Association HKRSA has sent letters to the Mandatory Provident Fund Authority and the Independent Commission Against Corruption ICAC - a government taskforce, requesting the government investigate potential cases of bribery by a handful of MPF service providers, says Anthony Griffiths, a director of the Association.

It's a question of paying cash to employers to sign them up as clients, he explains. He says allegations have been brought to him by industry players that a...

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