Fireman Sentenced After Colleagues Lent Him Money
"); jQuery("#212 h3").html("

"); });
2019-03-08 HKT 11:47
A senior fireman was sentenced to 120 hours of community service on Friday for borrowing money from three of his subordinates, in breach of Civil Service regulations.
Ng Lun-kwong, 53, earlier pleaded guilty to accepting an advantage as a public servant after the three co-workers lent him HK$70,000 between them.
Civil Service rules ban public officers from borrowing money from lower-ranked colleagues and they are also only allowed to borrow a maximum of HK$3,000 from a friend.
Eastern Court heard that Ng had lost money in property investments and he got into difficulties when a month's salary was held up by the taxman because he hadn't paid his tax bill on time.
Plantos Agentic AI CFO Takes Aim At The SME Lending Gap
Planto, a leading financial technology company specialising in AI-driven banking solutions, officially unveiled its whi... Read more
Hong Kong And Indonesia Explore QR Payment Interoperability
Hong Kong and Indonesia are exploring QR payment interoperability between the two markets. The Hong Kong Monetary Autho... Read more
Who Raises The Alarm, If Synthetic Identity Fraud Has No Victim?
Synthetic identity fraud is one of the fastest-growing fraud types globally, where fraudsters fabricate a person who ne... Read more
SFC Hong Kong Strategic Action Plan Backs Citys Five-Year Plan
Hong Kong’s Securities and Futures Commission (SFC) has unveiled a strategic action plan. It supports the city’s Fi... Read more
Tencent Launches TenPayGo Payment App For Travellers In China
Tencent has launched TenPayGo, a payment app for overseas visitors to mainland China. ITHome (IT之家) reported that i... Read more
Deutsche Bank Deploys Agentic AI To Help Trace Client Wealth For KYC
Deutsche Bank Private Bank has launched an agentic AI tool to support Source of Wealth checks, part of its Know Your Cu... Read more
