crackdown<\/em><\/strong><\/a> on illegal bookmaking resulted in 21 people arrested by the anti-corruption police in Hong Kong. Six of them are members of the Hong Kong Jockey Club (two assistant trainers and four stable staff).<\/p>\n\n\n\n
The arrests were announced by the Independent Commission Against Corruption (ICAC) last Monday. The ICAC launched the Operation Iron Triangle on Saturday, with the bookmaking ring suspected of having used “privileged information” from HKJC employees.<\/p>\n\n\n\n
The ICAC determined that 15 people were operating the bookmaking syndicate from residential premises in Tsuen Wan with the assistance of the six HKJC staff members. \u201cWe do not tolerate any corrupt activities\u201d, said both organisations, the ICAC and the HKJC.<\/p>\n\n\n\n
“While enquiries are continuing, no further comments are available at this stage. The HKJC has rendered full assistance to the ICAC during its operation\u201d, continued the institutional statement.<\/p>\n\n\n\n
“The two organisations will continue to liaise and cooperate closely to combat-related crimes and keep horse racing in Hong Kong clean\u201d, added.
<\/p>\n\n\n\n
Then, it concluded: \u201cThe club does not comment on any cases being investigated by ICAC. However, the club would like to emphasise that upholding uncompromising integrity has always been the core value of the club\u201d.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Six of them are members of the Hong Kong Jockey Club<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Hong Kong's Independent Commission Against Corruption (ICAC) arrested 21 individuals, including six Hong Kong Jockey Club (HKJC) staff members, for operating an illegal bookmaking syndicate. The operation, dubbed \"Iron Triangle,\" uncovered the suspected use of privileged information by HKJC employees, underscoring significant regulatory and governance challenges within the jurisdiction's racing sector. Both the ICAC and HKJC affirmed their commitment to combating corruption and maintaining the integrity of horse racing.","focusai_entities":"Independent Commission Against Corruption, Hong Kong Jockey Club","focusai_location":"Hong Kong, Tsuen Wan","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.8), investor_analyst (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"HKJC Governance Review","query":"What specific enhancements to the Hong Kong Jockey Club's internal governance frameworks and employee integrity protocols are being implemented to prevent future instances of insider information misuse and illegal bookmaking?"},{"label":"Regulatory Enforcement Impact","query":"How will the Independent Commission Against Corruption's \"Operation Iron Triangle\" influence future regulatory enforcement strategies and inter-agency cooperation in combating illicit gambling activities within Hong Kong's gaming verticals?"}],"footnotes":""},"categories":[160,16338,439],"tags":[1619],"class_list":["post-776","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-east-asia-news","category-legal-news","tag-hong-kong"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/776","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=776"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/776\/revisions"}],"predecessor-version":[{"id":20078,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/776\/revisions\/20078"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}