Tse Sui Luen Jewellery

Tse Sui Luen Jewellery is a Hong Kong-based jewelry company. The company is currently newsworthy due to a recent court case involving a former employee, Mui Ka-fai, who was a procurement manager. Mui pleaded guilty to stealing diamonds valued at over HK$11.1 million (US$1.4 million) from suppliers over a period of six years. He admitted to manipulating consignment records to facilitate the theft, with the intention of reselling the stolen gems to fund his gambling addiction. The former manager was sentenced to six years and eight months in prison. This incident highlights internal control issues and the impact of employee misconduct on the company's operations and reputation.