Hardware retailer offers more than 9,000 yuan in illegal commissions

Social News

Written by: Zhang Jiamin

2019-11-28 18:53

The owner of the hardware retailer Xinhengfa Hardware Company was awarded a construction contract for a columbarium in Qingshan Village, Tuen Mun in 2017. He agreed to reduce the commission rate from 10% to 5%, and was finally awarded a total value of 20 Ten thousand orders. During the period, the proprietor provided the assistant project manager with a total of about 9,600 yuan in illegal commissions.

He was previously prosecuted by the Independent Commission Against Corruption and pleaded guilty to the charge at the Tuen Mun Magistracy today (28) and is temporarily detained by the Correctional Services Department.

The hardware retailer provided more than 9,000 yuan in illegal commissions and was sued by the ICAC. (Profile picture)

The 40-year-old defendant, Lai Maojian, the owner of Xinhengfa Hardware Co., pleaded guilty to conspiring his agent to accept benefits at the Tuen Mun Magistracy, violating section 9 (1) (a) of the Prevention of Bribery Ordinance and Section 159A of the Crimes Ordinance. He was approached by an assistant project manager of Vinda Foundation Engineering Limited in mid-July 2017, stating that the company was awarded a construction contract for a columbarium in Qingshan Village, Tuen Mun. At that time, the defendant was informed that if it agreed to provide the assistant project manager with 10% of Xinhengfa's order payment as a commission, Vinda would approve the order to Xinhengfa.

The two later agreed to reduce the commission rate from 10% to 5%, and during August 2017 to July 2018, Vinda issued orders to Xinheng with a total value of more than 200,000 yuan. The defendant provided the assistant project manager with a total of about 9,600 illegal commissions during the period. Acting Chief Magistrate Zhang Jieyi adjourned the case and sentenced him to December 12, pending the defendant's report on a social service order. The accused was remanded in custody for the time being.

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