Billionaire Kwoks Plead Not Guilty to Corruption Charges
This article is for subscribers only.
Thomas and Raymond Kwok, the billionaire co-chairmen of Sun Hung Kai Properties Ltd., pleaded not guilty to corruption charges involving payments and loans to Hong Kong’s former No. 2 official Rafael Hui.
Hui and two other men who were first arrested last year also pleaded not guilty to the charges at the Eastern Magistrate’s court today. Magistrate Li Kwok-wai then ordered the trial to be sent to the High Court. No further hearing dates were set.