A Hang Seng Bank general manager was yesterday jailed for four years over his role in a bribery scam involving mortgage loans and $932 million in credit facility letters. District Court Judge Chua Fi-lan also ordered Peter Sau Ming, 57, who stands to lose $21 million in pension benefits, to pay the Hang Seng Bank $670,000 in restitution. Sau and Lo Pui-shing, 50, a credit manager of Hang Seng Bank, were each found guilty of four charges of accepting an advantage as an agent. Co-defendant Ho Siu-hoi, 33, a director and shareholder of Au Kiang International Company Limited and Dero Enterprises Limited, was found guilty of 10 charges of conspiracy to offer an advantage. Lo was jailed for 21 months and ordered to pay $5,000 in restitution. Ho was jailed for three years and three months. Judge Chua said the case involved a breach of trust and damaged the integrity and trust of bankers. She added that Hong Kong's reputation as a sophisticated and clean finance centre was at stake and must be keenly protected. The court heard that Au Kiang and Dero, of which Ho's father Ho Chi-chun was also a director and shareholder, purchased properties in Hong Kong and the mainland. Au Kiang and Dero applied to Hang Seng Bank for mortgage loans and credit facility letters for the properties. The court heard Ho conspired with his father and another person to offer five Rolex watches and cash to Lo and other employees of Hang Seng Bank in order to ease the granting of mortgage loans and 258 letters of credit involving up to $932 million. Sau had accepted $200,000 and US$40,000 (HK$312,016) in cash and two Rolex watches from Ho Chi-chun, while Lo had accepted two Rolex watches and $100,000 in cash from Ho Siu-hoi, the court heard. Ho Chi-chun is still at large. The offences took place between May 1994 and March 1998.