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Kwok brothers and 3 others renew bail
Source: Agencies |
May 29, 2012, Tuesday
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THE two billionaire Kwok brothers who run Sun Hung Kai Properties and three other men arrested in a bribery scandal involving Asia's biggest developer renewed their bail yesterday as Hong Kong's highest-profile graft investigation saps shareholder confidence in the conglomerate.
Thomas and Raymond Kwok, co-chairmen of Sun Hung Kai, which owns the International Commerce Center, Hong Kong's tallest building, appeared briefly at the Independent Commission Against Corruption's headquarters.
Their estranged brother Walter, Rafael Hui, a former head of Hong Kong's civil service, and Thomas Chan, the company's board member in charge of land purchases, also spent several minutes at the agency.
Two sources, who did not want to be identified, said all five renewed bail and were due to return to the ICAC in early July.
All five arrived and left separately, under siege from camera crews and photographers.
Thomas and Raymond Kwok, co-chairmen of Sun Hung Kai, which owns the International Commerce Center, Hong Kong's tallest building, appeared briefly at the Independent Commission Against Corruption's headquarters.
Their estranged brother Walter, Rafael Hui, a former head of Hong Kong's civil service, and Thomas Chan, the company's board member in charge of land purchases, also spent several minutes at the agency.
Two sources, who did not want to be identified, said all five renewed bail and were due to return to the ICAC in early July.
All five arrived and left separately, under siege from camera crews and photographers.
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