Friday, March 30, 2012

Hongkong Fresh News - Involved bribery, Hong Kong's richest man jailed


Two brothers of the largest employers in Hong Kong property, Thomas and Raymond Kwok, detained Independent Anti-Corruption Commission (ICAC) on Thursday, March 29, 2012. Besides those two, four others were also arrested for the same case.

Reuters reported, there has not been any charges against the businessman owner of the company's Sun Hung Kai. Both were detained for questioning over alleged cases of bribery of public officials.

"Both were arrested for allegedly violating laws and Diversion Prevention of Bribery in the Government Office," the ICAC statement.

Kwok brothers wealth estimated at U.S. $ 18.3 billion, according to Forbes magazine. His company brings to the position Kwok family of 27 richest in the world.

Previously, the executive director of Sun Hung Kai company, Thomas Chan, was also arrested on the same case. Four others are not identified are also imprisoned for questioning.

The case was also dragging a former senior government officials who are known named Rafael Hui, who is currently working as an advisor to Sun Hung Kai, to prison.

CNN reported, due to the detention of two owners of the company, Sun Hung Kai Properties on Thursday morning to suspend all trading its shares until Friday morning. The company also makes a special committee to address various problems that may arise post-arrest.

The ICAC was established since 1974 to erode the Hong Kong government corruption at the time, especially in the police. Although independent, based on the Law of Hong Kong, the ICAC is able to arrest and convict a suspect in a corruption and bribery. viva

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