21 held in Hong Kong over renovation bid-rigging, including HK$33 million deal

Published 2 hours ago
Source: scmp.com
21 held in Hong Kong over renovation bid-rigging, including HK$33 million deal
Twenty-one people have been arrested in a crackdown by Hong Kong’s anti-graft agency on a triad-linked syndicate accused of manipulating renovation project tenders at two residential estates in Kwun Tong, with one contract valued at about HK$33 million (US$4.2 million). The Independent Commission Against Corruption (ICAC) said on Friday that 15 men and six women, aged 30 to 81, were apprehended last week in connection with the case, including suspected core members of the corruption ring. Among...