2012 Corruption Case
On 31 May 2012, the Macau Court of Final Appeal confirmed that Hong Kong tycoons Joseph Lau Luen-hung and Steven Lo Kit-sing were involved in the case of offering Macau's former public works chief Ao Man-long HK$20 million over the bid for five plots of land opposite Macau International Airport. Lau and Lo were charged with bribery and money laundering. They both denied the charges and Lo earlier told the court that the HK$20 million was a preliminary payment for construction company San Meng Fai. A trail is be scheduled in Macau in 2013.
Read more about this topic: Steven Lo
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