Hong Kong property tycoon sentenced to 5 years in prison for corruption

December 23, 2014 5:00 AM

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HONG KONG – A Hong Kong court has sentenced a billionaire property developer to five years in prison for corruption after a high-profile trial.

The city's Justice Department said the High Court sentenced Thomas Kwok Tuesday after finding him guilty of conspiracy for making HK$8.5 million ($1.1 million) in payments to city official Rafael Hui. The court also fined Kwok HK$500,000 ($64,000).

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