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Ex-Cyberport department head, 5 others, charged over HK$20 million tech subsidy fraud

A former department head of Hong Kong’s fintech hub Cyberport has been granted bail after being charged with accepting bribes to help an artificial intelligence (AI) start-up secure HK$20 million in funding from a government-subsidised programme. Alice So Nga-lai, 59, former head of entrepreneurship of the Hong Kong Cyberport Management Company, was accused of receiving advantages such as flight…

Ex-Cyberport department head, 5 others, charged over HK$20 million tech subsidy fraud

We haven't written up this one. South China Morning Post has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at scmp.com →

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