50 arrested in HK$500m building maintenance bid-rigging crackdown

Hong Kong authorities have arrested 50 people, including some with alleged triad backgrounds, in a crackdown on bid-rigging activities involving 27 housing estates and buildings and about HK$500 million (US$64.1 million) in contracts. The Independent Commission Against Corruption (ICAC), police and antitrust regulator the Competition Commission on Monday revealed details of their joint operation,