SENIOR BANKER WITH JPMORGAN PLEADS NOT GUILTY TO BRIBERY CHARGES IN HONG KONG

The Globe & Mail reported on 18th July that JPMorgan’s former Asia investment banking vice-chair, Catherine Leung, has pleaded not guilty to charges of bribery in a Hong Kong court.  Leung is alleged to have offered employment to the son of the chairman of a logistics company as a reward for the chairman favouring JPMorgan.  Whilst not admitting the accusations, in 2016 JPMorgan agreed to pay US authorities $264-million to resolve allegations it hired the relatives of Chinese officials to win banking deals.

https://beta.theglobeandmail.com/business/international-business/asia-pacific-business/article-senior-banker-with-jpmorgan-pleads-not-guilty-to-bribery-charges-in/

 

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s