Rafael Hui trial: middleman Francis Kwan set for early release from prison next week
The former Hong Kong stock exchange official had been convicted of handling more than HK$11.18 million in bribes to the city’s former chief secretary
A former Hong Kong stock exchange official will walk out of Stanley Prison a free man next week, 20 months before he was expected to be released for his conviction in a corruption scandal that took down the city’s former No 2 official.
A source told the Post on Tuesday that Francis Kwan Hung-sang would be released from the maximum security institution next week after his sentence was reduced by a third for good behaviour.
“Also after deducting public holidays from the term, Kwan is expected to go home next week,” the source said.
Hui, along with Thomas Kwok Ping-kwong, former joint chairman of Sun Hung Kai Properties and SHKP executive director, Thomas Chan Kui-yuen, were also convicted in the case and are still serving their sentences.