Hong Kong's anti-corruption body said it had charged a former top private banker in China with taking a client bribe. The banker's case will be handled next month.
The Independent Commission Against Corruption, or ICAC, charged Ryan Gwee Yuan-Kerr with taking a HK$150,000 bribe from a client seven years ago, the corruption watchdog said in a statement. He was head of Standard Chartered's private bank in China until 2011, according to the ICAC and a LinkedIn page which appears to belong to Gwee.
The government agency alleges that he accepted funds from a major shareholder and chairman in an insurance company, as payment for handling the individual's accounts as well as those of his company. A Standard Chartered spokesperson declined to comment.
The 40-year-old banker (pictured) was released on bail and appeared in court on Wednesday, according to local media, but did not enter a plea. His case, which emerged following a complaint to authorities, was tabled until next month.
Gwee has held several roles since leaving Standard Chartered, according to the LinkedIn page, including with a medical firm, a real estate investor, and a Singapore-based private equity firm.
