ICAC Arrests 49 Over Suspected Building Work Bribes

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2023-01-06 HKT 14:51

Share this story

facebook

  • ICAC arrests 49 over suspected building work bribes

The Independent Commission Against Corruption (ICAC) on Friday said it had arrested 49 people as part of its largest ever investigation involving the building maintenance sector.

The graft-buster said it suspects a gang paid bribes to secure maintenance work contracts worth a total of HK$500 million.

Those arrested include engineering consultants, contractors and suspected triad members.

Bryan Chong, the ICAC’s Assistant Director of Operations, said that in one case, a HK$1.5 million bribe is suspected to have been paid to property management staff for a HK$200 million maintenance contract at a housing estate in Islands District.

Chong said officers stepped in before eight of the 10 projects got underway, adding that their investigation has not been easy.

"We started off with limited information. Throughout the initial enquiry, we did a lot of investigative work, in order to establish that there was actually a big syndicate behind the scenes. I think the difficulties in this case would be how to professionally deal with the information that came to us, in particular with limited information at the initial stage," he said.

Chong called on homeowners to contact the ICAC if they find anything suspicious regarding the tendering process for building maintenance works.

RECENT NEWS

Fraud & AML In Asia: What Banks Need To Know In 2026

Fraud and AML in Asia have shifted over the past year. Alongside the system-level attacks that continue, panellists poi... Read more

Hong Kongs Total AUM Hits Record HK$42.2 Trillion In 2025

According to the Securities and Futures Commission (SFC), Hong Kong’s total assets under management (AUM) reached a r... Read more

Hyundai Card Leverages Apple Pay To Target Gen Z Users

Hyundai Card launched six new debit and hybrid cards tailored to Apple Pay users in April. The South Korean issuer is t... Read more

DBS And Samsung Securities Partner For Global Wealth Expansion

DBS has signed a MoU with South Korea’s Samsung Securities to establish a strategic partnership in wealth management.... Read more

RedotPay Selects OpenPayd For Treasury Operations And Global Remittances

RedotPay has selected OpenPayd to enhance its treasury operations and cross-border remittance services. The company wil... Read more

JCB Rolls Out Contactless Transit Payments Across Taipei Metro

JCB has rolled out contactless payment acceptance on the Taipei Metro. The integration allows cardholders to tap physic... Read more