A British banker jailed for four years after he accepted more than $4 million in bribes has lost his bid to clear his name.
The Court of Appeal yesterday rejected the appeal against conviction launched by Peter Norman Elliott, 51, the former general manager of Standard Bank London's Hong Kong representative office.
Elliott was extradited from England to face allegations he accepted HK$4.3 million in bribes for helping two firms apply for loans and credit facilities amounting to US$83.8 million between 1994 and 1995.
He helped Shenzhen Yiwen Industry Co apply for two loans, of US$30 million and $20 million, granted by the bank in 1994 and 1995.
Elliott was also accused of helping Hong Kong company Lia Heavy Industry Holdings apply for credit facilities totalling US$33.8 million on four occasions between January 26 and August 18, 1994.
He faced six counts of accepting an advantage as an agent. District Court Judge Esther Toh Lye-ping found him guilty of five of the charges and acquitted him on the sixth during a trial last year.