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Ex-Cyberport department head, 5 others, charged over HK$20 million tech subsidy fraud

Ex-Cyberport department head, 5 others, charged over HK$20 million tech subsidy fraud
Key Points

A former department head of Hong Kong’s fintech hub Cyberport has been granted bail after being charged with accepting bribes to help an artificial intelligence (AI) start-up secure HK$20 million in funding from a government-subsidised programme. So Nga-lai, 59, former head of entrepreneurship of the Hong Kong Cyberport Management Company, was accused of receiving advantages such as flight tickets, one handbag, two tote bags, one coin purse and a mobile phone between October 2023 and...

A former department head of Hong Kong’s fintech hub Cyberport has been granted bail after being charged with accepting bribes to help an artificial intelligence (AI) start-up secure HK$20 million in funding from a government-subsidised programme. Alice So Nga-lai, 59, former head of entrepreneurship of the Hong Kong Cyberport Management Company, was accused of receiving advantages such as flight tickets, one handbag, two tote bags, one coin purse and a mobile phone between October 2023 and...
Ex-Cyberport (ORG) Hong Kong’s (LOCATION) Cyberport (ORG) Alice (PERSON) Nga-lai (PERSON) the Hong Kong Cyberport Management Company (ORG)
Originally published by South China Morning Post Read original →