Your good friend Alex decided to take a `gap year' to take up a year-long internship at a prestigious investment bank in Hong Kong which counts many local tycoons amongst its clients. When he met up for lunch with you recently he told you of a matter that have troubled him since the Chinese New Year namely:

knowledge that a fellow intern accepted a lai seeof $1,000 from a supplier to introduce the supplier to a colleague in charge of purchasing office supplies at his department without any approval from or any disclosure to his immediate supervisors is the action above legal and why?