Bid-rigging in renovation projects to be criminalised, offenders can be jailed
AI Summary
Hong Kong plans to criminalise bid-rigging in building maintenance projects, allowing criminal or civil action against offenders. The proposed regulatory overhaul follows an independent committee report on the fatal Tai Po blaze.
The Hong Kong government is set to criminalise bid-rigging in building maintenance projects under laws covering triad and corruption offences and allow authorities to take criminal or civil action against such conduct, following the release of an independent committee’s report on the fatal Tai Po blaze. The regulatory overhaul on bid-rigging was announced on Thursday, as the government released the long-anticipated report of the independent committee investigating the causes of the devastating...