In response to media enquiries about a former staff member of the Hong Kong Exchanges and Clearing Limited (HKEX) being charged by the Independent Commission Against Corruption with alleged bribery and misconduct in public office, a Government spokesman said the following today (March 25):
The integrity and credibility of the HKEX's initial public offering (IPO) vetting process is of utmost importance to the reputation of Hong Kong as a leading international financial centre. The Government has zero tolerance for bribery and corruption. We are very concerned about the case. We spare no effort in safeguarding the integrity and robustness of our IPO vetting process.
As the case is now under criminal proceedings, the Government will not comment on the specifics of the case.
Follow this news feed: East Asia