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Chinese Estates head to be prosecuted over bribery in Macau May 23, 2012
 
HONG KONG (Reuters) - Joseph Lau, the flamboyant tycoon who heads developer Chinese Estates Holdings , will face prosecution over bribery and money laundering in a land deal in Asia's gambling capital, Macau, the second high-profile corruption case involving a Hong Kong property company in two months. Hong Kong's clubby business community is already captivated by the arrests in late March of the billionaire Kwok brothers who run Asia's largest developer, Sun Hung Kai Properties . ...
 
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