ICAC initiates legal proceedings against five individuals in HK$90 million bribery scheme linked to building renovations
Hong Kong's Independent Commission Against Corruption (ICAC) has initiated legal proceedings against five individuals involved in a bribery scheme linked to building renovation projects. These charges stem from allegations that bribes, including casino chips and red packets, were offered to flat owners and members of owners’ corporations in exchange for winning contracts valued at approximately HK$90 million (US$11.5 million). The implicated parties include four men and a woman, comprising middlemen and an estate committee secretary. The charges were announced following a broader investigation into renovation activities that resulted in the arrest of 22 individuals in February. During this operation, the... [Continue Reading]
