Hong Kong\u2019s Independent Commission Against Corruption has reported that two men have been arrested for attempted bribery.<\/p>\n\n\n\n\n\n\n\n
Hong Kong.- Macau\u2019s Commission Against Corruption<\/strong> (CCAC) and Hong Kong\u2019s Independent Commission Against Corruption<\/strong> (ICAC) have reported that a collaborative investigation has led to the detention of two men for alleged bribery.\u00a0<\/p>\n\n\n\n The two Hong Kong residents are accused of offering of HKD1.5 m (US$185,500)<\/strong> in bribes to a person described as a former director of the facilities department at Wynn Resorts<\/strong>. The alleged offences took place in Hong Kong between 2014 and 2017<\/strong>.<\/p>\n\n\n\n Seven of the charges allege that Li Kin-wang<\/strong>, 58, senior sales manager of Oh Luen Air-conditioning Equipment<\/strong>, offered seven bribes totalling over HK$930,000<\/strong> to a then director of Wynn as an inducement to receive and consider quotations. The remaining two charges allege that Li and Woo Tak-Hoi<\/strong>, 55, conspired together to offer two bribes totalling HK$560,000 for the same purpose.<\/p>\n\n\n\n ICAC inquiries revealed that between June 2014 and January 2017, Wynn Resorts Macau had awarded around 70 air-conditioning maintenance contracts worth around HKD22m <\/strong>to Oh Luen.<\/p>\n\n\n\n The two defendants have been released on ICAC bail<\/strong>, pending their appearance at Hong Kong\u2019s Eastern Magistrates\u2019 Courts this Thursday (May 19), when the case is due to be transferred to that city\u2019s District Court.<\/p>\n","protected":false},"excerpt":{"rendered":" Hong Kong\u2019s Independent Commission Against Corruption has reported that two men have been arrested for attempted bribery.<\/p>\n","protected":false},"author":226,"featured_media":26852,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"A collaborative investigation by Hong Kong and Macau anti-corruption agencies has led to the arrest of two Hong Kong residents for allegedly offering HKD1.5 million in bribes to a former Wynn Resorts Macau director between 2014 and 2017. The alleged bribes were intended to secure air-conditioning maintenance contracts worth HKD22 million for Oh Luen Air-conditioning Equipment. The defendants are awaiting transfer to Hong Kong's District Court.","focusai_entities":"Independent Commission Against Corruption, Commission Against Corruption, Wynn Resorts, Li Kin-wang, Oh Luen Air-conditioning Equipment, Woo Tak-Hoi, Eastern Magistrates\u2019 Courts, District Court","focusai_location":"Hong Kong, Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (1.0), operator_casino (0.8), investor_analyst (0.9), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Wynn Governance Enhancements?","query":"What specific governance frameworks and internal controls has Wynn Resorts implemented or enhanced since 2017 to prevent similar procurement irregularities and ensure supply chain integrity?"},{"label":"Macau Regulatory Impact?","query":"How will this ongoing investigation impact the regulatory standing of Wynn Resorts in Macau, particularly concerning its concession renewal or ongoing operational compliance requirements?"}],"footnotes":""},"categories":[16338,439],"tags":[20777],"class_list":["post-29930","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-legal-news","tag-wynn-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=29930"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29930\/revisions"}],"predecessor-version":[{"id":29934,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29930\/revisions\/29934"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26852"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=29930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=29930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=29930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}