NewsHong Kong

Factbox: history of the case against Hong Kong tycoons

PUBLISHED : Sunday, 23 September, 2012, 12:00am
UPDATED : Sunday, 23 September, 2012, 2:59pm

January 30, 2008: Ao Man-long, former secretary for transport and public works in Macau, jailed for 27 years for taking HK$800 million in bribes. His sentence was extended to 28 1/2 years in 2009 for further bribery offences.

April 16, 2012: Macau's Court of Final Appeal names Joseph Lau Luen-hung, chairman of Chinese Estates Holdings, and Steven Lo Kit-sing, chairman of BMA Investment, as being linked to the Ao corruption case.

May 9: Ao denies receiving HK$20 million in bribes from Lau and Lo in 2005.

May 24: Chinese Estates Holdings issues statement saying "Mr Lau strenuously denies the allegations levelled against him", adding he would continue as executive director of the company.

May 31: Lau and Lo charged with bribery and money laundering.

June 28: Lau ordered by Macau's Court of First Instance to appear for trial on 17 September.

August 14: Macau's chief executive Fernando Chui Sai-on invalidates sale of five plots of land near Macau airport.

August 15: Chinese Estates Holdings says it is determined to pursue compensation from the Macau government and the original owners of the five plots of land.

September 17: Case adjourned until January 7, 2013, due to Judge Alice Costa falling ill.

Jolie Ho



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