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Former Greentown China head charged for taking bribes over stake in real estate project

Former Greentown China head charged for taking bribes over stake in real estate project

Former Greentown China head charged for taking bribes over stake in real estate project

Hong Kong’s corruption watchdog has charged the former head of a listed company for allegedly accepting HK$20 million (US$2.5 million) in bribes from a mainland Chinese property developer in exchange for acquiring a stake in the developer’s real estate project. Zhang Yadong, 58, who was chairman of Greentown China Holdings from 2019 to 2025, faced a count of conspiracy to accept advantages, the…

www.scmp.com/news/hong-kong/law-and-crime/article/3370268/former-greentown-china-head-charged-taking-bribes-over-stake-real-estate-project?utm_source=rss_feed

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