Hong Kong arrests 50 in building maintenance bid-rigging, bribery probe
( August 31, 2026, 08:12 GMT | Official Statement) -- MLex Summary: Hong Kong's Competition Commission conducted a joint operation with the Independent Commission Against Corruption and police last week against a bid-rigging and bribery syndicate in the building maintenance sector. The operation led to the arrest of 50 people and the seizure of more than HK$1.2 million ($153,100) in suspected bribe money, the authorities said in a joint statement on Monday. The syndicate allegedly manipulated tenders for 27 housing estates and buildings across the city, involving contracts worth about HK$500 million.The statement is attached....
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