Hong Kong's anti-corruption watchdog has charged five people over alleged bribes related to large-scale renovation projects at three housing estates, worth around $11.5 million.

Hong Kong’s anti-corruption watchdog has charged five people over alleged bribes – including casino chips and red packets – offered to flat owners and owner corporation members during large-scale renovation projects, worth about HK$90 million (US$11.5 million), at three housing estates. The Independent Commission Against Corruption (ICAC) on Wednesday disclosed details of its crackdown on a crime syndicate accused of “manipulating tendering exercises” for building maintenance projects through...