A former procurement manager at Tse Sui Luen Jewelry has been jailed for six years and eight months after pleading responsible to a few counts of theft.
Mui Ka-fai, 63, who labored for Tse Sui Luen Jewelry (Worldwide) for 36 years, stole greater than HK$10 million price of diamonds from three suppliers between April 2023 and February 2024.
The courtroom heard that Mui stole a complete of two,557.35 carats of diamonds in 31 transactions.
He used his place to gather diamonds from suppliers on behalf of the corporate earlier than promoting them to fund his playing actions.
Mui admitted the thefts to the corporate when he was dismissed in 2024. Throughout a police warning, he additionally stated he had misappropriated the diamonds out of greed.
In mitigation, the protection stated Mui dedicated the offences due to household pressures.
Sentencing him on Friday (Aug 14), Choose Andrew Chan Hing-wai stated Mui had breached the belief positioned in him and abused his place as a procurement manager.
The choose stated Mui had taken care to hide his offending and that the thefts won’t have been found if he had not been dismissed.
The offences concerned three suppliers and 31 transactions over an eight-month interval, inflicting substantial monetary losses.
The choose adopted a place to begin of 10 years’ imprisonment and decreased the sentence by one-third for Mui’s responsible plea, leading to a remaining sentence of six years and eight months.
