Hong Kong Kwok brother tycoons "arrested for graft"

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

“2011 and Beyond” - What you are seeing, and why - Jan 16, 2011 (Kryon channelled by Lee Carroll) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

"The Great Escape" - Mar 11, 2017 (Kryon Channelling by Lee Carroll)

“… The Fall of Many - Seen It Yet?

You are going to see more and more personal secrets being revealed about persons in high places of popularity or government. It will seem like an epidemic of non-integrity! But what is happening is exactly what we have been teaching. The new energy has light that will expose the darkness of things that are not commensurate with integrity. They have always been there, and they were kept from being seen by many who keep secrets in the dark. Seen the change yet?

In order to get to a more stable future, you will have to go through gyrations of dark and light. What this means is that the dark is going to be revealed and push back at you. It will eventually lose. We told you this. That's what you're here for is to help those around you who don't see an escape from the past. They didn't get their nuclear war, but everything else is going into the dumper anyway. … “

Thursday, March 29, 2012

Hong Kong Kwok brother tycoons "arrested for graft"

Reuters, by Alex Frew McMillan and Joy Leung, Thu Mar 29, 2012

Kwoks own Hong Kong's second-biggest family fortune
Lawyer says no charges brought despite arrest
ICAC does not identify those arrested

HONG KONG, March 29 (Reuters) - Hong Kong's Independent Commission Against Corruption on Thursday arrested two senior company executives, identified in the media as Sun Hung Kai Properties tycoon brothers Raymond and Thomas Kwok, for corruption, it said.

The Kwoks own $18.3 billion, the second-biggest family fortune in Hong Kong, according to Forbes magazine, second only to Asia's richest man, Li Ka-shing, founder of rival developer Cheung Kong (Holdings).

The ICAC also said it had arrested a former senior government official, whom the South China Morning Post identified as former chief secretary Rafael Hui, who has worked as a special adviser to Sun Hung Kai.

Sun Hung Kai said it would issue a statement shortly.

The ICAC announced on its website that the people arrested, whom it did not identify, were "alleged to have committed offences under the Prevention of Bribery Ordinance and misconduct in public office".

"Two senior executives of a listed company in Hong Kong and a former principal official of the Hong Kong Government have been arrested for suspected corruption," the ICAC said in a statement.

Gary Plowman, a former government prosecutor, said he had been to the ICAC and was representing one of the arrested parties whom he declined to identify.

"Nobody has been charged," Plowman said. As for what happened next, that was "a very good question".

"We react, we're not proactive. We are reactive in these situations," he said.

The ICAC was set up in 1974 to root out what was seen as widespread corruption in the Hong Kong government at the time, especially in the police.

It acts as a law-enforcement agency, able to arrest and detain suspects, and prosecutes cases in conjunction with advice from the Department of Justice.

Steve Vickers, former commander of the police Criminal Intelligence Bureau and now CEO of a risk and security consulting company, said the timing of the case was interesting, in the context of popular sentiment against property developers and rising house prices.

"These cases are notoriously difficult to prosecute," he said. "It will be interesting to see whether charges emerge or not."

The ICAC said another senior executive of the unnamed listed company and four others were arrested at an earlier date in connection with the case.

ARRIVAL BY LIMO

Over the past four decades, Sun Hung Kai, listed in 1972, has built some of the city's most expensive property, including luxury hilltop apartment blocks and harbour-front skyscrapers, including Hong Kong's tallest building, the International Commerce Centre on the Kowloon peninsula.

The company said 10 days ago that Thomas Chan Kui-yuen, a Sun Hung Kai Properties board member and the executive responsible for project planning and land acquisitions, had been arrested for suspected bribery.

Cable TV footage on Thursday showed Raymond Kwok entering the ICAC premises in a limousine, flanked by two unidentified men. The station also showed images of a lawyer for Thomas Kwok going into ICAC headquarters.

It was not clear if the suspects were being held.

Shares in Sun Hung Kai Properties were suspended in Hong Kong on Thursday, as was trading in two of its subsidiaries, mobile phone company SmarTone Telecommunications and data-centre operator SUNeVision Holdings.

Raymond Kwok is chairman of all three, the only person on the board of all the companies suspended.

The Kwoks took the helm at Sun Hung Kai after a bitter family feud in 2008, which ended with eldest brother and then-chairman Walter Kwok Ping-sheung being demoted.

One analyst, who did not want to be identified given the sensitive nature of the issue, said any involvement of Hui, chief secretary from 2005 to 2007, suggests the case dates back many years.

"It has to be a very old project," the analyst said.

On Thursday, the Hong Kong stock exchange suspended Sun Hung Kai, SmarTone Telecommunications Holdings and SUNeVision Holdings Ltd, ahead of what the companies said was a potentially price-sensitive announcement.

Sun Hung Kai was down 1.51 percent before the suspension, while SUNeVision was down 0.88 percent. SmarTone had been trading up 2.2 percent before trading was halted.

Raymond Kwok (left) and Thomas Kwok, vice chairmen

of Sun Hung Kai Properties Ltd

Related Article:

Hong Kong Property Giant’s Shares Plunge After Arrests

Cempaka Occupy (The Old Paradigm of Reality - People / Organisations / Companies / Governments)

Pages

'Dump Trump': Tens of thousands join global march

March for Science protesters hit the streets worldwide

Bernie Sanders and the Movement Where the People Found Their Voice

Hong Kong's grandpa protesters speak softly but carry a stick

Hong Kong (China) Protests (China - Old Energy)

FIFA scandal engulfs Blatter and Platini

Shift of Human Consciousness

Wall Street's 'Fearless Girl' statue to stay until 2018

"Fearless Girl "

Corporate Social Responsibility / Integrity - Ethical / Truthful and Transparent

News Media

Departures - Fired

Search This Blog

Thursday, March 29, 2012

Hong Kong Kwok brother tycoons "arrested for graft"

No comments:

Post a Comment

Blog Archive

Labels