Leung, who repeated a not guilty plea on Monday, is charged with bribing the then chairman of Kerry Logistics Network Ltd , Ang Keng-lam, by employing his son at the U.S. investment bank's Hong Kong office in 2010.
The investment bank did not consult its legal and compliance department until after the younger Ang's employment contract at JPMorgan was signed, prosecution barrister Robert Lee said in his opening submission. "Son is very keen to do IB , but does not interview well ... The last thing I want is for us to go slow and they ask another bank, and I am sure someone will give him a full time offer given the mandate that is up for grabs," Lee cited Leung as saying in the email.
It was not immediately clear whether Ang or his son, Ang Ren-yi, would be asked to give evidence and neither could be reached through their employer on Monday after Leung's plea, or ahead of the trial.A JPMorgan spokeswoman on Monday referred Reuters to a statement it made last year, when the bank said:"This is a historical case, which J.P. Morgan reached agreement on and settled in 2016." That year, JPMorgan agreed to pay U.S.
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