Hong Kong: Kwok bros plead not guilty in ICAC corruption trial

 

Hong Kong Skyline

Hong Kong Skyline

Hong Kong billionaire property magnates have pleaded not guilty to graft charges brought against them by the Independent Commission Against Corruption (ICAC).

The  ICAC  accused  Raymond and Thomas Kwok, the former chief secretary of Hong Kong Rafael Hui Si-yan and two others with misconduct in public office, conspiracy to offer advantage to a public servant and furnishing false information. The defendants pleaded not guilty to all counts.

The Kwok brothers, and their families, own the Sun Hung Kai Property (SHKP) group, which has built some of the tallest buildings in Hong Kong’s world famous skyline.

Hui  is the highest ranking public official to stand trial in Hong Kong. Among the allegations against him are “accepting rent-free apartments unsecured loans.

SHKP executive director Thomas Chan Kui-yuen, and former Hong Kong Stock Exchange official Francis Kwan Hung-sang are also on trial.

The trial in Hong Kong’s Court of the First Instance is expected to last for 70 days; the court will hear evidence from 82 witnesses.

This will be one to keep an eye on for a few weeks.

 

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