Ex-professor wanted by Hong Kong anti-corruption agency over alleged HK$4 million fraud scheme detained in Poland
- Yeung Lam-lung, 59, detained by Polish authorities at international airport, according to Interpol
- ICAC says Yeung, former adjunct associate professor at Hong Kong University of Science and Technology’s department of chemistry, faces 17 charges
A former university professor wanted by Hong Kong’s anti-corruption agency in connection with an alleged HK$4 million (US$512,030) procurement fraud scheme has been detained in Poland.
Yeung, 59, faced three conspiracy to defraud charges and 14 counts of fraud, it said.
The agency alleges he conspired with two others – Au Yeung Siu-fung and Yeung Siu-on – to defraud the university by concealing his interest in two supply companies.
The former professor is alleged to have induced the university to engage the two suppliers in 17 tendering and procurement exercises to buy laboratory equipment and testing services between 2011 and 2019.
The exercises involved about HK$4 million in payments to the two suppliers, Chun Fo (Asia) Pharmaceutical Co and PIT, in which Yeung had direct or indirect financial interests, the ICAC said.
It said Yeung Siu-on became PIT’s sole director and shareholder in late 2011, For the other supplier, he was its sole director and shareholder when it was incorporated in mid-2012. Au Yeung Siu-fung took over the position in late 2012.