A former Deutsche Bank managing director in Hong Kong has been sentenced to seven years in prison for accepting illegal bribes in return for investment tips.
Ma Sin-chi, 39, has also been ordered to pay HK$28.4m (US$3.7m) in “restitution” to Deutsche Bank, equal to the figure he accepted in bribes.
Investor Ha But-yee was also sentenced to seven years in prison for paying Ma bribes in return for his insight into the warrants market.
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