The District Court has jailed the former Tse Sui Luen Jewellery Company chairman and his son, plus three senior executives, for conspiracy to offer $170 million in illegal commissions to travel-agency employees, embezzlement and tax fraud.

Former TSL chairman Tse Sui-luen was jailed three years and three months, while his son TSL chairman Tommy Tse was jailed five years. Former TSL deputy chairman and finance director Oscar Chung and TSL deputy chairman and CEO Peter Gerardus Van Weerdenburg were both jailed for three years and nine months. TSL's business promotion general manager Wong Ting-fong was jailed four years and three months.

They were found guilty of eight offences - two of conspiracy to offer advantages to agents, two of conspiracy to commit false accounting, three of conspiracy to steal, and one of conspiracy to defraud the Inland Revenue Department.