The former chairman of Hong Kong property developer Sun Hung Kai Properties Ltd. has been arrested, the latest development in a corruption investigation that has rocked the city’s business community.
Walter Kwok, the company’s former chairman and CEO, and the older brother of deposed co-chairs Raymond and Thomas Kwok, was arrested by the Independent Commission Against Corruption late Thursday on suspicion of breaking Hong Kong bribery laws, according to a statement by the company. He has been released on bail.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
