Property News · October 25, 2017

Chinese developer Jinmao searched by Hong Kong’s anti-graft agency


Chinese state-owned property developer China Jinmao Holdings said its Hong Kong offices had been searched as part of an investigation into bribery.
And the company’s chief financial officer, Jiang Nan, was asked to visit the city’s Independent Commission Against Corruption (ICAC) after the anti-graft agency had carried out its search, Jinmao revealed in a statement late on Tuesday.
The probe was related to an alleged contravention of Section 9 of the Prevention of Bribery Ordinance…

Source : South China Morning Post
Read more…Chinese developer Jinmao searched by Hong Kong’s anti-graft agency