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Showing posts with label Macau’s biggest corruption scandal has brought even more unflattering attention to Hong Kong’s business community.. Show all posts
Showing posts with label Macau’s biggest corruption scandal has brought even more unflattering attention to Hong Kong’s business community.. Show all posts

Tuesday, 17 April 2012

Macau’s biggest corruption scandal has brought even more unflattering attention to Hong Kong’s business community.

 The Standard newspaper reported Tuesday that Joseph Lau, the fifth richest person in Hong Kong, and Steven Lo, chairman of BMA Investment and South China Football Club, were named in the third trial of convicted former official Ao Man-long. Shares of the property developer Chinese Estates Holdings, which is controlled by Lau, were suspended from trading in Hong Kong on Tuesday morning. Macau’s highest court heard the previous day that an...
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