ICAC arrests 10 over using triad links to win HK$160 million renovation project
Operation by ICAC also led police to arrest 32 individuals in raids on premises believed to be controlled by bid-rigging syndicate’s triad elements
Hong Kong’s anti-corruption watchdog has arrested 10 people on suspicion of working as part of a crime syndicate that used triad connections to take control of a HK$160 million (US$20.4 million) renovation project, among other offences.
The operation by the Independent Commission Against Corruption also led police to arrest 32 suspects in raids on multiple New Territories premises believed to be controlled by the syndicate’s triad elements.
The watchdog said on Monday it had arrested the owner of a consultancy firm, its registered inspector, several triad middlemen, a property management company director and the proprietors of two contracting firms.
The 10 suspects, aged between 28 and 61, were taken into custody last Thursday and Friday.
A key focus of the investigation was a HK$160 million renovation project for a housing estate in the New Territories in mid-2025.
Without specifying which estate, the ICAC said the consultancy firm had secured the contract for the work by bidding with an “unreasonably low” fee – just 0.5 per cent of the total project sum.