2010 TVB corruption scandal

May 2020 April 2019 The TVB corruption scandal was a corruption probe involving the general manager of the Television Broadcasts Limited (TVB) Stephen Chan and two other TVB staff who were arrested by the Independent Commission Against Corruption (ICAC) in Operation: Valiant.http://www.icac.org.hk/en/news_and_events/pr2/index_uid_940.html Five arrested for alleged corruption over entertainment show contracts 12 March 2010 Independent Commission Against Corruption 20 March 2010 Aside from Chan, involved was TVB head of business development Wilson Chan Wing-suen, TVB variety department executive Wilson Chin Kwok-wai, actor Ning Jin and Edthancy Tseng Pei-kun, head of an advertising company.The Standard HK. "The Standard.com https://web.archive.org/web/20100315110615/http://www.thestandard.com.hk/news_detail.asp?pp_cat=30&art_id=95719&sid=27379376&con_type=3 15 March 2010 ." Show graft. Retrieved 12 March 2010. TVB confirmed that three of their employees were involved, and that their duties and work had been suspended pending further development.http://www.hkexnews.hk/listedco/listconews/sehk/20100311/LTN20100311087.pdf Announcement MAK Adrian Yau Kee 11 March 2010 Television Broadcasts Limited 12 March 2010 Background Chan was said to control a shell company through his personal assistant to which he was alleged to have awarded production contracts from TVB. The shell company had no production facilities of its own but outsourced the work to other production houses at a much lower rate than it receives from TVB, pocketing the difference the shell company having accumulated as much as HK$10 million over the years. This outsourcing is itself thought to be unnecessary since TVB has the resources in house to handle these productions. One of the arrested is the manager of artist's contracts at TVB and using this position many actors and actresses had been asked to perform in major shows and other functions, and even ribbon cutting ceremonies for free or at very low pay in return for possible future favour. These artists included Bernice Liu, Moses Chan, Raymond Lam, Bosco Wong, Tavia Yeung and Charmaine Sheh. Prior to the arrest, in late February 2010, speculation existed that TVB deputy chairman Mona Fong had dropped Stephen Chan from her inner circle after he failed to accompany her to a variety show.The Standard HK. "The Standard.com https://web.archive.org/web/20110629160016/http://www.thestandard.com.hk/news_detail.asp?pp_cat=30&art_id=95722&sid=27376181&con_type=1&d_str=20100312&sear_year=2010 29 June 2011 ." Rumors rife over Chan for weeks. Retrieved 12 March 2010. Chan was also blamed over a copyright issue with the Hong Kong Recording Industry Alliance, and has not been popular with the staff after he laid off hundreds of employees in 2009. Many other artists however have expressed regrets in the situation. Arrests and release on bail Chan and the four other were arrested on 11 March 2010 and were released on bail without being charged, the next day. On 18 March 2010, Chan made a public appearance for the first time since his arrest.http://www.thestandard.com.hk/news_detail.asp?pp_cat=30&art_id=96032&sid=27458957&con_type=3 TVB's Chan stays calm in storm Moy Patsy 19 March 2010 The Standard 19 March 2010 https://web.archive.org/web/20100323074429/http://www.thestandard.com.hk/news_detail.asp?pp_cat=30&art_id=96032&sid=27458957&con_type=3 23 March 2010 dead Chan said that the mask he wore while returning home was because of a shaving wound refuting media reports that it was related to his arrest. Chan also thanks those who sent text messages of support. I am living well at this moment though there must be some changes to my life. Everyone must experience some ups and downs in their life. If one day you come across any puzzling situation, don't panic ... because the truth must stand while the lies must fall.... I knew the media were waiting outside, so I tried to tidy up myself. But I accidentally cut my cheek while shaving. To avoid the public misunderstanding that the wound was related to the ICAC, I decided to wear a mask.... I was concerned with the personal safety of my media friends and the public. If I held an impromptu briefing, it would create chaos and bring inconvenience to passersby. So, I decided to [hold this press briefing] in a prearranged setting and orderly manner to satisfy the media friends who then will no longer need to wait outside my home. Chan was cleared of charges relating to some activities at TVB in November 2010, but three other incidents relating to bribery and conspiracy to defraud are still being investigated. Chan resumed his TVB duties on 16 November, but his duties will not involve artist management and casting arrangement.https://www.wsj.com/articles/SB10001424052748703326204575617441641747402 The Wall Street Journal Kate O'Keeffe TVB's Chan to Resume Manager Duties 16 November 2010 Acquittal Following a trial Chan and his co-accused were acquitted of all charges in the September 2011. The prosecution could not prove beyond a reasonable doubt that Chan knew the details of a payment of HK$300,000 withheld from TVB and five actresses. The court also found that Chan was paid to be an administrator at TVB, and any remuneration he received from the Olympic City shopping mall was as a performer and this did not conflict with his role at TVB.TVB boss cleared in corruption case http://rthk.hk/rthk/news/englishnews/20110902/news_20110902_56_781545.htm RTHK 2 September 2011 7 May 2012TVB GM Stephen Chan acquitted of bribery, fraud charge Roland Lim http://www.channelnewsasia.com/stories/entertainment/view/1150705/1/.html Channelnewsasia.com 2 September 2011 7 May 2012Stephen Chan found not guilty of corruption charges Guo Jiaxue http://www.chinadaily.com.cn/hkedition/2011-09/03/content_13610164.htm 3 September 2011 7 May 2012 Following Chan's acquittal a number of artists identified with the Chan faction at TVB have failed to have their contracts renewed. See also 2010 TVB monopoly case References TVB Corruption Scandal, 2010 Tvb Corruption Scandal, 2010 Tvb Corruption Scandal, 2010 TVB Corruption Scandal, 2010