Thomas Kwok Released From Prison, Vows To Do Good

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

Related News Programmes

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1448834_1_20190321175851.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1448834-20190321.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1448834-20190321.htm', 'DCS.dcsqry', '' ); } } }); }); });

2019-03-21 HKT 10:11

Share this story

facebook

  • Thomas Kwok released from prison, vows to do good

Disgraced property tycoon Thomas Kwok has been released from prison after serving most of his five-year term for corruption.

On leaving Stanley Prison, Kwok thanked God for staying with him through tough times, and for his family and friends' support.

"Today I feel so excited. I couldn't sleep for so many nights, and I'm glad that I'm out.

"I'm glad that I'll be able to do something for the sake of society this time. Not just for the corporates, but for other interests as well."

"I would like to take this opportunity to thank God, Jesus. In these 40 months in the prison, he accompanied me through this path, which is tough, sometimes exhausting and worrying. During all these times, God supported me," Kwok said.

The former joint chairman of Sun Hung Kai Properties was convicted of conspiracy to commit misconduct in public office in December 2014, for bribing the former chief secretary Rafael Hui.

Hui was jailed for seven and a half years for accepting payments totalling HK$8.5 million in 2005 via two middlemen. The money was in return for acting as Kwok's "eyes and ears" in the government.

The two middlemen – former Sun Hung Kai Properties director Thomas Chan and former stock exchange official Francis Kwan – were also convicted of conspiracy to commit misconduct in public office.

Thomas Kwok's brother Walter died in October after suffering a stroke. He was 68.

RECENT NEWS

Hong Kong Fund Industry May Double With Tokenised Finance And 24/7 Trading Access

Hong Kong could potentially double the size of its fund industry by moving from legacy infrastructure to token-based fi... Read more

HKMA Alerts Public To Scam Website And Login Screens Posing As Official Site

The Hong Kong Monetary Authority (HKMA) has issued a public alert regarding a fraudulent website and online login scree... Read more

Hong Kong Fintech Promotion Blueprint Indicates 4 Incoming Flagship Projects

The Hong Kong Monetary Authority (HKMA) released the Hong Kong Fintech Promotion Blueprint on 3 February 2025, which sh... Read more

Visa To Enable Cross-Border Payments To 95% Of UnionPay Cardholders In China

At Web Summit Qatar, Visa and UnionPay International (UPI) announced an agreement to enable cross-border money transfer... Read more

HKMA Launches Fintech Blueprint With AI, DLT, Quantum And Cybersecurity Focus

The Hong Kong Monetary Authority (HKMA) published a Fintech Promotion Blueprint to support responsible innovation and f... Read more

How Gaming Giants Are Redefining The Experience Of Paying

Gaming isn’t just a hobby; it’s a global infrastructure challenge. In this episode Vincent Fong (Chief Editor, Fint... Read more