Former HK deputy leader, tycoon lose graft appeal bids
Hong Kong
HONG Kong property tycoon Thomas Kwok and ex-deputy leader Rafael Hui had their appeal bids against graft convictions rejected on Tuesday as they faced serving out their jail time.
The pair were found guilty of corruption in 2014 after a blockbuster trial over a cash for favours scandal.
Francis Kwan and Thomas Chan, sentenced to five and six years respectively for acting as middlemen for the payments, also saw their appeals fail.
A written judgement to the court of appeal on Monday said: "The appeals against conviction of Rafael Hui…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Delfi Orchard up for collective sale at S$438 million guide price
US existing home sales drop in March; median price increases
German home building permits tumble 18% in February, extending rout
China national who had Singaporeans front plan to buy East Coast houses pleads guilty
Freddie Mac seeks regulatory approval to back home-equity loans
China national fined S$45,000 for having Singaporeans front plan to buy East Coast houses