Six Charged Over Alleged HK$20M Cyberport Scheme Fraud
7 Articles
7 Articles
The Independent Commission Against Corruption (ICAC) has charged six people, including the former entrepreneur director of Cyberport and the owner of an IT company, with bribery and fraudulently obtaining approximately HK$20 million in funding from the government's "Digital Transformation Support Pilot Scheme." The case was heard at the Eastern Magistrates' Courts and adjourned to January 4th next year. All defendants were granted bail. The case…
Cyberport Executive Charged in HK$20M Subsidy Fraud Case
14th October 2026 By Joe Pan Hong Kong’s anti-graft agency says it has “neutralised a corruption syndicate suspected of offering and accepting bribes, and defrauding government technology subsidies” — and the alleged scheme involved roughly HK$20 million in subsidies from a fund meant to help the city’s small shops and restaurants go digital. According to […]
Six Charged Over Alleged HK$20M Cyberport Scheme Fraud
Hong Kong’s Independent Commission Against Corruption (ICAC) has charged six people over alleged bribery and fraud involving technology subsidies administered by Cyberport. According to the ICAC, the case involved at least 400 applications worth about HK$20 million. The accused include Alice So Nga-lai, 59, then Head of Entrepreneurship at Cyberport, and Viola Lam Yuen-lee, 39, [...]
The ICAC accuses Alice So, former head of Cyberport entrepreneurship, of accepting gifts that allegedly related to an HK$20 million grant application for an artificial intelligence startup.
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