One of the biggest property tycoons in Hong Kong has been sentenced to five years in prison after being found guilty of corruption.
Third-gen Thomas Kwok, former co-chairman of Sun Hung Kai Properties, was found guilty on 16 December by Hong Kong’s High Court of conspiring to pay HK$8.5 million (€891, 380) to former Chief Secretary Rafael Hui in exchange for information on land sales.
In the highly publicised graft case, Kwok, 63, was also fined HK$500,000 but cleared of two other charges. He is appealing his conviction.