Four people have been arrested on suspicion of stealing around HK$1.3 million from the Lingnan University Students' Union.
Two of them are current executive committee members of the union and the other two are former members. The suspects are aged from 21 to 24.
Police allege that they embezzled the student union’s funds and used the money to pay off credit card debts and for personal spending.
"The investigation showed that the student union is a legal and registered society. Any cheques issued from their bank account require signatures from two executive committee members to be redeemed and take effect," chief inspector Au Yeung Tak said.
Police allege that two former executive committee members signed four cheques totalling HK$1.3 million between April 2024 and April 2025.
Officers also seized items such as computers, phones, bank documents and credit cards.
In response to RTHK’s enquiry, Lingnan University said it's learning about the incident and will fully cooperate with the police investigation.