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Six Charged Over Alleged HK$20M Cyberport Scheme Fraud

Hong Kong’s Independent Commission Against Corruption (ICAC) has charged six people over alleged bribery and fraud involving technology subsidies administered by Cyberport. According to the ICAC, the case involved at least 400 applications worth about HK$20 million. The accused include Alice So Nga-lai, 59, then Head of Entrepreneurship at Cyberport, and Viola Lam Yuen-lee, 39, [...]

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The Independent Commission Against Corruption (ICAC) has charged six people, including the former entrepreneur director of Cyberport and the owner of an IT company, with bribery and fraudulently obtaining approximately HK$20 million in funding from the government's "Digital Transformation Support Pilot Scheme." The case was heard at the Eastern Magistrates' Courts and adjourned to January 4th next year. All defendants were granted bail. The case…

The ICAC accuses Alice So, former head of Cyberport entrepreneurship, of accepting gifts that allegedly related to an HK$20 million grant application for an artificial intelligence startup.

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i-cable.com broke the news on Monday, October 12, 2026.
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