HONG KONG, Dec 3 — A Hong Kong court said today that Eugene Yeoh, former co-head of IPO vetting at the financial hub’s stock exchange operator, was not guilty of receiving bribes to look favourably on listing applications.
Yeoh’s role at Hong Kong Exchanges and Clearing was to make sure applications were compliant with listing rules and endorse recommendations to the bourse’s listing committees which have the final say on a listing candidate’s eligibility. Yeoh left the bourse in May 2019. He was arrested by Hong Kong’s anti corruption watchdog, the Independent Commission Against Corruption, that same year.
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