Ex-Sun Hung Kai Properties co-chairman sentenced to five years for graft


  • World
  • Tuesday, 23 Dec 2014

Former co-chairman of Sun Hung Kai Properties Thomas Kwok (L) and former executive director of Sun Hung Kai Properties Thomas Chan (C) sit near Correctional Services officers as they arrive at the High Court in Hong Kong December 23, 2014. REUTERS/Tyrone Siu

HONG KONG (Reuters) - Former co-chairman of Hong Kong-listed developer Sun Hung Kai Properties Ltd, Thomas Kwok, was sentenced to five years in jail and a HK$500,000 (41,332 pounds) fine on Tuesday for corruption in the city's highest profile graft case.

Billionaire Thomas Kwok, 63, was found guilty of one count of conspiracy to commit misconduct in public office. His younger brother, Raymond Kwok, also co-chairman of the city's largest developer, was cleared of all charges.

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