Thomas Kwok, one of Hong Kong’s biggest property tycoons, has been sentenced to five years in prison after being found guilty of corruption on a bribery charge, The Financial Times reported, citing multiple agency reports. Following the verdict delivered on Friday, Kwok said he was resigning from his roles within Sun Hung Kai (0016.HKG), one of Hong Kong’s biggest property developers. But the company said it would continue to operate as normal. On Monday Kwok also resigned as an independent non-executive director at Bank of East Asia (0023.HKG), a role he has held since 2001. He is appealing his conviction for bribery
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