News Snapshot:
14th November 2021 – (Hong Kong) A branch manager of Industrial and Commercial Bank of China (Asia) Co., Ltd. (ICBC (Asia)) was suspected to transfer money from multiple frozen accounts to his own account. During the period, these accounts were frozen and investigated by law enforcement agencies for suspected money laundering activities. However, a branch manager actually transferred more than 1.7 million dollars from several frozen accounts into his own account. The police received a report from the bank earlier and arrested the branch manager involved in the case in Kwai Chung last Friday (12th) after investigation. The arrested man’s...
