Exclusive: Missing ICBC Banker Linked to Macao’s Disgraced ‘House of Cards’ Billionaire

Jiang Yisheng’s disappearance is likely linked to a loan made under his watch for a real estate development involving Chinese property magnate David Ng, sources say

A veteran banker from Industrial and Commercial Bank of China Ltd. (ICBC) has been taken away by authorities, likely in connection with a Macao real estate project involving disgraced billionaire David Ng Lap Seng, according to sources with knowledge of the matter.

Jiang Yisheng, most recently a senior member of ICBC’s audit division, has become unreachable, the sources told Caixin. Caixin made several calls to Jiang’s personal cellphone on Monday, but they were unanswered.

The sources suspect Jiang’s disappearance is linked to a real estate loan made while he worked at ICBC’s Macao branch, where he was chairman from 2018 to 2023.

The real estate project in question is likely the Windsor Arch, a luxury residential development closely linked to Ng — a Macao property magnate — and his family, multiple people with knowledge of the matter told Caixin. One of the