Ex-Sun Hung Kai Properties co-chairman sentenced to five years for graft




 
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December 23rd, 2014  
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Topic: Ex-Sun Hung Kai Properties co-chairman sentenced to five years for graft


HONG KONG (Reuters) - Former co-chairman of Hong Kong-listed developer Sun Hung Kai Properties Ltd, Thomas Kwok, was sentenced to five years in jail and a HK$500,000 ($64,440) fine on Tuesday for corruption in the city's highest profile graft case. Billionaire Thomas Kwok, 63, was found guilty of one count of conspiracy to commit misconduct in public office. His younger brother, Raymond Kwok, also co-chairman of the city's largest developer, was cleared of all charges. ...




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