Hong Kong Cyberport Charges Six in Alleged Bribery, Fraud Scheme

Hong Kong’s anti-corruption agency has charged six people over alleged bribery and fraudulent applications tied to a government-backed digital-transformation subsidy program administered by Cyberport, the city’s state-owned technology hub.

The Independent Commission Against Corruption (ICAC) alleges that former Cyberport director Su Ya Li accepted multiple flights, luxury handbags, a coin purse and a smartphone from Lam Yuen Lei, an executive at service provider Find Solution Ai Limited. Su allegedly used her position to halt an investigation into complaints against the company and accelerate its subsidy applications.

The ICAC also alleges that Lam, her brother Lam Kin Ho and three sales agents falsely claimed that eligible small businesses had hired Find Solution, paid their required share of project costs and qualified for government support. At least 400 applications allegedly involved about HK$20 million in subsidies.

The program covered digital services such as electronic payments, online promotion and customer-management tools. The government paid up to half of eligible costs, capped at HK$50,000 per business. The alleged fraud does not involve Cyberport’s separate Web3 funding programs.

Su and Lam face bribery-related charges, while five defendants face conspiracy-to-defraud charges. All six were granted bail with travel restrictions and orders not to contact prosecution witnesses. The next hearing is set for Jan. 4, 2027.