Billionaire brothers charged in Hong Kong bribery scandal
13 Jul, 2012
The two heads of Asia’s most lucrative real estate firm have been charged in a high profile corruption case in Hong Kong.
The billionaire brothers, Thomas and Raymond Kwok are the leaders of property development company, Sun Hung Kai, and have been accused of giving bribes in exchange for sales.
Although they both deny the charges, the Kwoks appeared before Hong Kong’s anti-corruption agency today (Friday 13th July) after having been on bail since being taken into custody back in March.
As well as the Kwok brothers, governmental official Rafael Hui and two other businessmen are also facing charges including misconduct in public office and conspiracy to offer advantages to a public servant, according to the BBC.