Chester Yung and Te-Ping Chen have of Wall-Street Journal have jointly reported a Hong Kong scandal which involved high rank individuals.
The co-chairmen of Hong Kong’s largest real-estate companyand a former government official were charged with bribery as part of an investigation that has shaken the city at its highest levels and fanned suspicions about cozy relations between politicians and local tycoons.
Hong Kong’s Independent Commission Against Corruption said brothers Thomas and Raymond Kwok, co-chairmen Sun Hung Kai Properties Ltd., face charges including conspiracy to offer advantages to a public servant. The antigraft agency also said Rafael Hui, previously the city’s No. 2 official, faced charges including misconduct in public office.
Sun Hung Kai Executive Director Thomas Chan and businessman Francis Kwan were also charged, the ICAC said in a statement.