A prominent Hong Kong air-conditioning salesman, Li Kin-wang, has admitted to bribing a top-ranking, yet unidentified, executive at Wynn Macau in exchange for a series of profitable business contracts to service the casino’s vast cooling systems.
Li Kin-wang, a 59-year-old senior sales executive at Oh Luen, a major firm supplying air conditioning and maintenance services to large corporations, confessed to delivering three separate bribes collectively amounting to more than HKD450K (US$57K). This information comes directly from Hong Kong’s Independent Commission Against Corruption (ICAC), responsible for carrying out this bribery investigation.
The traceable outcome of these illicit transactions was Wynn Resorts in Macau granting roughly 70 air-conditioning maintenance contracts to Oh Luen. The value of these contracts was estimated to be approximately HKD22 million (US$2.8 million), the ICAC reported.
The corruption watchdog made an extra observation stating that the involved entities, Wynn Resorts Macau and the two air-conditioning businesses, all witnessed an increase in revenue from 2014 till 2017. However, they could not directly link Wynn’s fiscal success to this air-conditioning malfeasance.
Li Kin-wang was one of two men apprehended and charged by ICAC in May 2022 for granting illicit advantages to a representative devoid of lawful authority or justifiable excuse, thus transgressing the Prevention of Bribery Ordinance of Hong Kong.
The second man charged was Woo Tak-hoi, 55-year-old director at Wai Luen, a company closely affiliated with Oh Luen. Woo, unlike Li, denied the two instances of bribery conspiracy brought against him, with his trial expected to commence this week in Hong Kong’s Eastern District Court.
Li and Woo are looking at potential prison sentences of up to seven years and fines reaching HK$500,000 (US$64,000) if found guilty. The initial charges leveled against Li alleged he offered seven bribes worth more than HK$930,000 (US$118,470) to the unnamed Wynn executive.
The fate of the elusive Wynn representative remains uncertain, rumored to have been involved with Wynn Resorts in Macau since 2007 and apparently in charge of procurement and award of repair and maintenance services. Li confessed that this Wynn official started seeking bribes from him beginning in 2014.
The ICAC was tipped off regarding this potential act of bribery by an anonymous whistleblower in 2019. The investigation was aided by Macau’s Commission Against Corruption, and Wynn Macau demonstrated full cooperation.
With the conclusion of the hearing, Judge Frankie Yiu Fun-che postponed the case till September 18, while granting Li Kin-wang bail.