Ex-Hong Kong Leader Tsang Jailed 20 Months for Misconduct

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Ex-Hong Kong Leader Tsang Jailed 20 Months for Misconduct

by Crystal Tse and David Tweed
February 22, 2017, 10:45 AM GMT+8 Updated on February 22, 2017, 3:15 PM GMT+8

Hong Kong’s former chief executive, Donald Tsang, was sentenced to 20 months in prison for misconduct in office, capping a stunning downfall for an official who helped steer the former British colony through a series of financial shocks.

Tsang, 72, had breached the trust of Hong Kong’s people, High Court Justice Andrew Chan said while handing down the punishment. On Friday, Tsang was convicted of misconduct for failing to disclose a conflict of interest that arose when he was negotiating rent for a luxury apartment with a landlord who was applying for a broadcasting license before the city.

“Today is a very dark day,” his wife, Selina Tsang, told reporters after the verdict. The family was “disappointed” about the result and plans to appeal the conviction, she said.

More details in https://www.bloomberg.com/politics/artic...misconduct
Specuvestor: Asset - Business - Structure.
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