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  1. Lai See

    Posted Apr 06th 2012, 12:00am

    ... the government website yesterday. 'The Hong Kong public detests graft, believing a clean society is crucial to the city's overall development, an Independent Commission Against Corruption survey has found,' the press release stated. 'Some 80 per cent of 1,500 respondents indicated a zero-tolerance stance against corruption in Hong Kong, while 99.2 per cent agreed keeping ...

  2. Millions of small investors get protection

    Posted Jan 12th 2012, 12:00am

    ... cent of the total market capitalisation. The securities regulator has long had to be politically minded, because a sharp downturn on the stock market could result in social disorder if millions ...

  3. Complaints on graft down 5pc, ICAC says

    Posted Oct 17th 2008, 12:00am by Peter So

    ... Peter So Corruption reports fell 5 per cent in the first nine months of the year as the anti-graft agency declared 'the corruption situation in Hong Kong remains well under control'. According to figures released by the Independent Commission Against Corruption, 2,549 corruption complaints were received in the first three quarters compared with 2,694 in the same period ...

  4. City Briefs

    Posted Mar 01st 2006, 12:00am by Staff Reporter

    ... deducting costs, to charity if allowed to inherit the money. ANTI-CORRUPTION TEAM GEARS UP FOR BIG CASES The anti-corruption watchdog will set up a team for financial investigations as it prepares to tackle increasingly complex cases, some involving listed companies. It will have 11 members, but the commissioner of the Independent Commission Against Corruption, Raymond Wong Hung-chiu, has ...

  5. Expensive habit

    Posted May 21st 2004, 12:00am by B.J. Lee

    ... business-related corruption, entertainment has been growing steadily, and is often used as a front for tax evasion and shady deals. Lavish meals and drinks, and expensive rounds of golf are particularly ... and regulations, such extravagance will continue to hurt profitability and prolong widespread corruption. Companies already suffer from high wages, land prices and other costs. As a result, profits ...

  6. Loans system revamp boosted amid lack of trust

    Posted Jul 31st 2012, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com The central government's plan to expand a planned revamp of the national financial loans system is a reflection of authorities seeking to combat rising moral degradation. Analysts say the move also suggests that the government recognises that the public is becoming increasingly distrustful amid widespread corruption, negligence ...

  7. Business - Economy - GREECE

    Greece's slippery tax dodging professionals

    Posted Sep 17th 2012, 12:00am by GDN

    ... Phillip Inman The sums of all fears: tax dodging goes professional There is a good reason for Greece to stay in the euro: to combat corruption. The country is riddled with it, and needs ... the single currency, they would still be left with a corrupt economy, much of which strengthens the power of unions and trade associations. City economists tend to ignore the problem. They have ...

  8. Time for Occupy to pack up and go home

    Posted Jun 27th 2012, 12:00am

    ... It's time to go. The original Occupy Wall Street movement helped to make the long-neglected problem of extreme income inequality part of the mainstream political debate in the US. Its ... contributed nothing to local debate; it has been politically and ideologically irrelevant. We already have powerful homegrown grass-roots groups that effectively articulate key issues confronting Hong ...

  9. Money laundering fight still a tough task, says ministry

    Posted Dec 20th 2006, 12:00am by Staff Reporter

    ... corruption and financial fraud. Han Hao, deputy director of the ministry's economic crime investigation department, said police uncovered seven major illegal banks, involving more than 14 ...

  10. Bank clerk accused of bribing pair

    Posted Sep 09th 2006, 12:00am by Clifford Lo

    ... offences took place between January and October last year, according to the Independent Commission Against Corruption. Anti-graft officers began an investigation after receiving a complaint from ...




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