Recent ICAC Cases
Jul 2025Ex-employee of insurer charged by ICAC guilty of soliciting bribe from broker firm director over motor insurance of 600 new taxis
A former employee of an insurance company, charged by the ICAC, was today (July 8) convicted at the Eastern Magistrates’ Courts of soliciting a bribe from a director of a broker firm for assisting a client to take out motor insurance policies for 600 new taxis, involving premiums totalling over $24 million.
Wong Ka-wing, 39, former team head of Bank of China Group Insurance Company Limited (BOCGI), was found guilty after trial of one count of agent soliciting an advantage, contrary to section 9(1)(a) of the Prevention of Bribery Ordinance.
Magistrate Mr Kestrel Lam Tsz-hong adjourned the case to July 18 for sentence, pending the defendant’s background report, and remanded him in the custody of the Correctional Services Department.
The offence in the present case took place between November 2022 and January 2023. At that time, the defendant was the team head of the brokers and agency business marketing department of BOCGI, which was responsible for liaising with broker firms, including Pro Insurance & Financial Management Limited (Pro Insurance), for selling insurance products such as motor insurance.
Pro Insurance would arrange its clients to take out motor insurance policies from BOCGI for new taxis, and receive 5 per cent of the yearly premium of each policy from BOCGI as commission.
In mid-2022, a client of Pro Insurance planned to take out vehicle insurance policies for over 600 new taxis. During the negotiation with BOCGI, a director of Pro Insurance proposed to lower the annual premium per vehicle from $45,500 to $40,000, or to increase the commission payable to Pro Insurance to 7.5 per cent.
The court heard that the defendant subsequently told the director of Pro Insurance that he would assist Pro Insurance to secure BOCGI’s approval of the insurance policy agreement, and repeatedly solicited from the latter a bribe, ranging from 1 to 3 per cent of the total yearly insurance premiums of the agreement.
The director of Pro Insurance rejected corruption and did not accede to the defendant’s solicitation. If the bribery scheme had materialised, the total yearly premiums for over 600 new taxis, each paying $40,000 per year, would have been over $24 million. Meanwhile, the bribe concerned would have amounted to over $240,000.
BOCGI rendered full assistance to the ICAC during its investigation into the case.
The prosecution was today represented by prosecuting counsel Anita Ma, assisted by ICAC officer Betty Wong.