Hong Kong fire exposes entrenched triad networks in building renovation industry
By Clare Jim HONG KONG, Oct 30 (Reuters) – A deadly fire at a Hong Kong housing estate has exposed how bid-rigging networks linked to criminal gangs exploited weaknesses in the city’s lucrative building renovation industry to influence contracts worth hundreds of millions of dollars. Organised crime groups known as triads were mentioned more than 40 times in the report on the…
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