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 Corrupt Hong Kong chief executive CY Leung faces questions over secret $7m payout from firm

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RR Phantom

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Corrupt Hong Kong chief executive CY Leung faces questions over secret $7m payout from firm Vide
PostSubject: Corrupt Hong Kong chief executive CY Leung faces questions over secret $7m payout from firm   Corrupt Hong Kong chief executive CY Leung faces questions over secret $7m payout from firm Icon_minitimeThu Oct 09, 2014 4:07 am
Hong Kong's embattled chief executive, CY Leung, has pocketed millions in secret fees from a listed Australian company in return for supporting its Asian business ambitions, a Fairfax Media investigation can reveal.

Corrupt Hong Kong chief executive CY Leung faces questions over secret $7m payout from firm Aw-CY-20Leung-20Hong-20Kong-20protests-20141008235052350460-620x349

The arrangement is outlined in a secret contract dated December 2, 2011, before he was elected chief executive, in which Australian engineering company UGL agreed to pay the Beijing-backed politician £4 million (more than $A7 million).

Read more: http://www.smh.com.au/business/world-business/hong-kong-chief-executive-cy-leung-faces-questions-over-secret-7m-payout-from-australian-firm-20141008-1134yv.html#ixzz3FdJVZjX8
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