Ex HSBC executive accused of stealing $2.1m in shopping vouchers

A former bank executive was charged in court on Tuesday with stealing and misappropriating 43,156 pieces of shopping vouchers totalling about $2.1 million.

Anthony Lim Boon Liak, 43, was assistant vice-president of The Hongkong and Shanghai Banking Corporation when he allegedly stole 4,516 pieces of Takashimaya shopping vouchers worth $225,800 between February and September 2009, and pocketed 38,200 pieces of vouchers amounting to $1.9 million between September 2009 and August last year.

He faces 34 charges in all - 15 of theft, two of criminal breach of trust and another 17 of selling the vouchers for $2.1 million.

He is said in the 17 charges to have converted property which represented his benefits from criminal conduct by selling 42,716 pieces of vouchers between 2009 and 2011.

ORIGINAL SOURCE
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