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Hong Kong ex-official Patrick Ho convicted in US over bribery schemeNEW YORK - Hong Kong's former home affairs secretary Patrick Ho Chi Ping was convicted by a New York court on Wednesday (Dec 5) over a multi-million-dollar bribery scheme in Africa on behalf of a top Chinese energy company. Ho, 69, was convicted by a jury of seven out of eight charges of violating the Foreign Corrupt Practices Act (FCPA) and money laundering for bribes allegedly directed to top officials in Uganda and Chad to support projects of CEFC China Energy, the Shanghai-based rising star of China's energy industry.
Source: AsiaOne - 🏆 14. / 51 Read more »
Cathay Pacific says budget airline would serve 'unique market segment'HONG KONG: Hong Kong's Cathay Pacific Airways Ltd, in talks to buy low-cost carrier Hong Kong Express Airways, believes budget airlines have a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »