Hong Kong ICAC to prosecute four auditors for colluding in fraud to help a Macau construction company falsify accounts to go public in Hong Kong.

According to the Wisdom Financial APP, on May 6, the Hong Kong Independent Commission Against Corruption (ICAC) stated that last Friday (May 2), four audit and consultant personnel from the accounting firm Deloitte were prosecuted for allegedly preparing false audit reports for the Macau construction company Hua Ji Global (delisted before listing number: 02296), conspiring to defraud the Hong Kong Stock Exchange (HKEx) into approving its listing application. The four individuals are also accused of conspiring with three relatives to conceal their identities and subscribe to shares in Hua Ji Global's initial public offering (IPO). The seven defendants appeared in the Eastern District Court for a hearing on Wednesday (May 7). The related corruption investigation is still ongoing, and additional charges are not ruled out.