What?
What's happened? The ICAC has started to investigate claims that Chief Executive Donald Tsang Yam-kuen may have accepted favours from his tycoon friends in breach of the anti-corruption law.
Who?
Who are these tycoons? Property tycoon Bill Wong Cho-bau is known as Shenzhen's Li Ka-shing. He owns a penthouse, which he plans to lease to Tsang for 80,000 yuan (HK$98,500) a month. He allegedly spent more than 10 million yuan on renovating the penthouse. Wong says he only paid HK$3 million for the renovations.
Cheung Chung-kiu is chairman of Cross-Harbour Holdings, which owns 50 per cent of the Western Harbour Tunnel Company and 39.5 per cent of Tate's Cairn Tunnel Company. He gave Tsang and his wife a lift back from Phuket island in Thailand on his private jet. Tsang says he paid the 'market price' for the trip.
Sing Tao News chairman Charles Ho Tsu-kwok owns a HK$152 million yacht, on which Tsang and his wife sailed back to Hong Kong from Macau. Tsang says he paid the price of ferry tickets for the ride.
Why?