Business & Investment

Hong Kong court finds former JP Morgan top bunker not guilty of bribery

© Reuters.

Hong Kong (Reuters)-Hong Kong judge said Monday that JPMorgan (NYSE :)’s former vice chairman of the Asian Investment Bank, Catherine Leon, had not been guilty of bribery after a trial at the end of last year. I found.

Leung was accused of bribing Ang Keng-lam, then chairman of Kerry Logistics Network Ltd, for hiring his son Ang Ren-yi at the Hong Kong office of a US investment bank in 2010.

She did, the prosecution told the court in the hope that Anne would influence his company and give JP Morgan the role of its next initial public offering (IPO).

However, Leung’s barrister claimed that Leung played a fairly small role in recruitment and relied on the bank’s personnel process.

Leon did not comment when Reuters approached outside the courtroom on Monday. Neither Ang was able to contact the current employer immediately.

According to court documents, Ang Ren-yi worked for JP Morgan from June 2010 to October 2011.

Disclaimer: Fusion media We inform you that the data contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indexes, futures) and forex prices are provided by the market maker, not the exchange, so prices may not be accurate and may differ from actual market prices. In other words, price is an indicator and is not suitable for trading purposes. Therefore, Fusion Media is not responsible for any transactional losses that may occur as a result of using this data.

Fusion media Alternatively, anyone involved in Fusion Media will not be liable for any loss or damage resulting from relying on the data, quotes, charts, trading signals and other information contained on this website. Please be fully informed about the risks and costs associated with trading in financial markets. This is one of the most risky forms of investment possible.



Hong Kong court finds former JP Morgan top bunker not guilty of bribery

https://www.investing.com/news/stock-market-news/hong-kong-court-finds-former-jpmorgan-top-banker-not-guilty-of-bribery-2404661 Hong Kong court finds former JP Morgan top bunker not guilty of bribery

Back to top button