Hong Kong bid-rigging trial hears trio offered HK$2m bribes to win HK$20m tender
Court hears syndicate offered HK$2 million in bribes to secure renovation tender for Kwun Tong building.
Quick Look
Three alleged middlemen in Hong Kong offered HK$2 million in bribes to secure a HK$20 million renovation tender for Hing Tat Mansion, a court has heard.
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Why It Matters
The Independent Commission Against Corruption has prosecuted 35 individuals and two companies in recent years regarding bid-rigging crimes.
Three alleged middlemen in a Hong Kong bid-rigging syndicate offered HK$2 million (US$256,410) in bribes to an owners’ corporation chairman and member to secure a HK$20 million renovation tender for an ageing building, a court has heard.
The prosecution’s opening statement on Wednesday accused Chong Chun-to, 60, Lam Suet-pin, 53, and To Hon-sum, 47, of conspiring to offer bribes to two members of the owner’s corporation of Hing Tat Mansion in Kwun Tong during the bidding for major renovation works in 2022.
The corporation’s chairman Cheung Kin-wah, 55, and member Zhan Qingbo, 49, were also accused of conspiring with the men to influence owners to vote for companies affiliated with the syndicate.
The Independent Commission Against Corruption (ICAC) has cracked down corruption crimes in relation to big-rigging in recent years, prosecuting 35 individuals and two companies.
Open Questions
- What will be the court's final verdict on the accused individuals?
