The Independent Commission Against Corruption’s headquarters in North Point. Photo: Felix Wong
The Independent Commission Against Corruption’s headquarters in North Point. Photo: Felix Wong
Crime

Hong Kong bank officers, loan applicants among 36 arrested over suspected scams seeking HK$40 million under SME aid scheme

  • Middlemen suspected of inflating claims, obtaining government-backed loans for shell companies
  • Independent Commission Against Corruption says there is no need to pay middlemen as banks accept direct applications for government loans

The Independent Commission Against Corruption’s headquarters in North Point. Photo: Felix Wong
The Independent Commission Against Corruption’s headquarters in North Point. Photo: Felix Wong
READ FULL ARTICLE