Combating
corruption
BILLIONAIRE
KWOK SENTENCED TO FIVE YEARS IN PRISON FOR HONG KONG BRIBES
Thomas Kwok (Image
courtesy of Asia One)The former co-chairman of Hong Kong's biggest real estate
developer Sun Hung Kai Properties Ltd was sentenced to five years in jail
Tuesday after his conviction Friday for bribery.
Billionaire Thomas Kwok,
63, said he will appeal his conviction.
Rafael Hui, 66, the
former head of Hong Kong's civil service from 2005 to 2007, was sentenced to
seven and half years in jail for taking bribes from Kwok in exchange for giving
Sun Hung Kai preferential treatment.
The court ordered Hui,
who's bankrupt, to return about $1.5 million in bribes to the Hong Kong
government.
Hui was convicted Friday
of three counts of misconduct in public office and two counts of conspiracy to
commit misconduct.
Kwok was found guilty of
one count of conspiracy to commit misconduct.
His younger brother,
Raymond Kwok, 61, the other co-chairman of Hong Kong-listed Sun Hung Kai, was
acquitted of all bribery-related charges he faced.
Sun Hung Kai employees
Thomas Chan and Francis Kwan were convicted of passing the bribes to Hui. Chan
was sentenced to six years in prison and Kwan was given a five-year sentence.
The Kwok brothers are
each worth about $10 billion.
Thomas
Kwok resigned as co-chairman and managing director of Sun Hung Kai after his
conviction.
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