Hong Kong graft-buster charges 23 in connection with alleged renovation scams involving contracts worth HK$520 million in biggest case of its kind
- Independent Commission Against Corruption says the case involves bribes amounting to more than HK$6.5 million
- Contracts covered renovations, lift shaft work, air-conditioning improvements and property management at 10 buildings over five-year period
Hong Kong’s graft-buster has charged 23 people in connection with alleged housing renovation scams involving contracts worth HK$520 million, in the largest anti-corruption operation of its kind.
“This is the ICAC’s largest case in its history on building management and maintenance, in terms of the number of people prosecuted, total value of the projects involved, and the amount of bribes paid,” said Grace Yee Hin-lai, principal investigator of the ICAC’s operations department.
“Following the ICAC’s timely interventions, the renovation projects of most of the properties were not yet given to the suspects involved in this case. We believe the corruption syndicate has already been disbanded.”
The 23 suspects face 11 charges of conspiracy to offer and accept bribes and conspiracy to defraud over multiple contracts including for renovations, lift shafts, air-conditioning system improvements, property management, repairs and consultancy, between early 2018 and mid-2023.
