A BANK'S business manager who fudged paperwork to help a friend and win a $10 million deposit for his branch was yesterday jailed for his trouble.
Yu Chi-keung, 33, pleaded guilty to procuring the making of an entry in a bank record by deception and was sentenced to a year in jail.
The District Court was told that Yu had worked at the Belgian Bank's Causeway Bay branch. On May 6 last year, he had moved $300,000 from an account belonging to Lok Fai Decoration Company.
The money was credited to an account belonging to CIE Ltd, a friend's company, pulling the account out of overdraft.
When the company's overdraft later stood at almost $1 million, Yu transferred another $805,000 to CIE from the accounts of two other customers.
The sums were transferred back to the three accounts some days later and no money was lost.
