Hong Kong court finds a broker and three ex-directors guilty of fraud, in a win for ICAC’s clean-up of Convoy’s financial scandal

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Hong Kong court finds a broker and three ex-directors guilty of fraud, in a win for ICAC’s clean-up of Convoy’s financial scandal

Hong Kong’s graft busters scored a victory in their attempt to prosecute one of the city’s biggest financial fraud cases in recent decades, when a court declared three former executives of Convoy Global Holdings and a broker guilty of conspiracy to commit fraud.Convoy’s former chief executive Mark Mak Kwong-yiu, former chief financial officer Christie Chan Lai-yee, and former manager Wong Shuk-on were found guilty alongside the broker Lee Yick-ming of charges to defraud the company over a HK$51…
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