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Ex-Cyberport executive among 6 charged in HK$20m subsidy fraud

Ex-Cyberport executive among 6 charged in HK$20m subsidy fraud

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The ICAC has charged six individuals, including a former senior executive at Hong Kong Cyberport Management Company, over their alleged roles in a bribery and fraud syndicate involving the Digital Transformation Support Pilot Programme.

Among those charged is Alice So Nga-lai, 59, former head of entrepreneurship at Cyberport, who faces one count of an agent accepting an advantage. Meanwhile, Viola Lam Yuen-lee, 39, the sole proprietor of Find Solution Ai, has been charged with one count of offering an advantage to a public servant.

Alongside the bribery charges, Lam and four co-defendants face a joint charge of conspiracy to defraud. The co-defendants include Lam’s 35-year-old brother and company secretary, Paul Lam Kin-ho, as well as three downline vendors: Daniel Lee, Chan Hoi-tsun, and Tsang Wai-ping, aged between 31 and 52.

According to prosecution details, So allegedly accepted luxury gifts from Lam—including round-trip flight tickets to Thailand and Japan, designer handbags, and a smartphone—in exchange for showing favor to Find Solution’s subsidy applications. The ICAC investigation claims So accepted these bribes to suppress complaints against the firm and expedite its subsidy payouts.

The conspiracy charge further alleges that the defendants submitted at least 400 fraudulent applications totaling roughly HK$20 million in government subsidies. They allegedly fabricated documentation asserting that various small and medium-sized enterprises (SMEs) had applied for grants, hired Find Solution, and paid 50% of the service fees, thereby tricking Cyberport into approving the applications and disbursing the remaining balances.

No pleas were entered during the court hearing. The case has been adjourned to 4 January 2027. All defendants were granted bail ranging between HK$20,000 and HK$100,000, subject to travel bans and strict orders prohibiting contact with prosecution witnesses.

Following the operation, the ICAC emphasised that it has been working closely with government departments and public institutions to fortify the governance of public funding schemes.

To prevent future malpractices, the anti-graft agency announced it will publish a specialised Corruption Prevention Guide on Funding Schemes on innovation and technology to assist grantors in tightening monitoring standards. The agency will also roll out targeted training programs for public sector staff to enhance corruption awareness and operational oversight.

MARKETING-INTERACTIVE has reached out to Cyberport for a statement.

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