Hong Kong bank manager stole HK$174 million from Standard Chartered Bank to cover up HK$200,000 theft from client

Career banker jailed for 10 years after 2016 scam at Tsim Sha Tsui branch was uncovered, meanwhile HK$125 million remains unaccounted for

The bank manager worked for Standard Chartered Bank in Tsim Sha Tsui. Photo: Handout

A bank manager who stole HK$200,000 (US$25,000) from a client she said then threatened her into stealing a whopping HK$174 million was jailed for 10 years on Wednesday.

Lau Lai, a senior branch operations and services manager at Standard Chartered Bank, claimed Nie Ho-yin made death threats against her after the initial theft in 2008.

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