SHKP's Walter Kwok 'suspected Rafael Hui was Cheung Kong spy'

October 08, 2014 11:34
Walter Kwok (center) suspected that Rafael Hui (left) was a spy for Li Ka-shing's Cheung Kong Holdings, the high court heard Tuesday. Photos: CNSA, HKEJ

Thomas Kwok Ping-kwong, co-chairman of Sun Hung Kai Properties, told the High Court on Tuesday that his brother Walter Kwok Ping-sheung suspected that Rafael Hui Si-yan was a spy for competitor Cheung Kong Holdings when Hui was being considered for employment in their property firm in 2002, am730 reported.

Testifying at the corruption trial where he and Hui are defendants, Thomas Kwok said he did not believe his brother's suspicion, adding that Walter Kwok was paranoid.

Hui, who worked as a consultant for Sun Hung Kai for two years before he was appointed chief secretary in 2005, is facing eight charges related to bribery and misconduct in public office. 

Walter Kwok was opposed to hiring Hui as a consultant because he suspected Hui would try to sell company secrets to Cheung Kong, the flagship company of tycoon Li Ka-shing. But Sun Hung Kai eventually hired Hui, he said.

Hui was paid HK$15 million (US$1.93 million) a year as consultant fee, Thomas Kwok said, addding that of the amount, HK$10.5 million came from his own pocket.

Thomas Kwok also revealed that his brother Walter attended a meeting at the central government's liaison office in Hong Kong before Tung Chee-hwa resigned as chief executive in 2005.

At the meeting, Walter Kwok was asked about his views on Donald Tsang Yam-kuen, who eventually succeeded Tung, the report quoted Thomas Kwok as saying.

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