Hong Kong tycoon Thomas Kwok freed on bail

July 12, 2016 4:14 AM (UTC+8)

 

(From AFP)

Hong Kong property tycoon Thomas Kwok was granted bail Tuesday, clearing the path to appeal his graft conviction over a high-profile cash for favours scandal.

Graft-tainted HK tycoon gets bail
Hong Kong property tycoon Thomas Kwok (C) was jailed in 2014 over a series of payments totaling HK$8.5 mn to the city’s former deputy leader Rafael Hui

Kwok was jailed in 2014 over a series of payments totaling HK$8.5 million (US$1.1 million) to the city’s former deputy leader Rafael Hui, who was also convicted on graft charges.

The case shocked the city and deepened anger over cosy ties between officialdom and big business.

“Leave is granted,” chief justice Geoffrey Ma said in the southern Chinese city’s Court of Final Appeal Tuesday. Read More

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