ICAC charges Greentown China's former chairman Zhang Yadong over alleged HK$20 million bribe to facilitate company's acquisition of property project

The ICAC has charged Zhang Yadong, former chairman of Greentown China Holdings Limited, alleging that he accepted a bribe of HK$20 million, leading the company to acquire a property project in Dalian for RMB440 million. The case was mentioned in the Eastern Magistrates' Court today, with the charge alleging that he conspired with others to accept bribes, which were suspected to have been deposited in multiple instalments into his son's bank account.