Hong Kong: Sun Hung Kai Proper-ties

Independent Commission Against Corruption Dept: The trial of Thomas Kwok, 60, and his brother Raymond Kwok, 58, whose real estate empire Sun Hung Kai Proper-ties is said to be worth nearly $20 billion, will also determine the future reputation and effectiveness of Hong Kong's legendary Independent Commission Against Corruption, according to Vancouver Sun. Copies of the ICAC have been established in many Asian countries plagued by bribable police officers and officials with a fondness for fat plain brown envelopes and hong Kong's reputation as a level playing field for business and a jurisdiction where the rule of law prevails will be on trial as two of the territory's richest tycoons face charges of bribery. From its founding in 1974 the ICAC has been the agency which changed Hong Kong from being a nest of corrupt officials and dodgy business-men into the second most open and honest place to do business in Asia after Singapore, according to Transparency International. (www.immigrantscanada.com). As reported in the news.