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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (472)3/5/2001 1:05:45 AM
From: ms.smartest.person  Read Replies (1) of 2248
 
PCCW, Hutch telecom workers linked to scam, 18 arrested

10:20 03-MAR-2001

Eighteen people, including serving and ex-staff members of PCCW-HKT and Hutchison Global Crossing, were arrested by the ICAC on Thursday for their connection to a corruption scam, the anti-graft agency said in a statement last night.

The suspects, whose positions in the companies were not indicated, were alleged to have accepted bribes for disclosing service subscribers personal information to loansharks. They include two former and four serving members of PCCW-HKT, two serving members of Hutchison Global Crossing and a contractor attached to Hutchison's offices. The other nine included eight suspected loansharks and debt collectors. They were still in custody except one who had been released on ICAC bail.

The two companies were not immedicated available to comment.

(End)

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