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Ao Man Long
Ao Man Long (; born in December 1956) was the first Secretary for Transport and Public Works of the Macau Special Administrative Region of the People's Republic of China, from 20 December 1999 to 6 December 2006. On 8 December 2006, Ao was arrested based on a case built by the Macau Commission Against Corruption, making him the highest-ranking official arrested in the history of Macau. Ao had allegedly offered preference in government works projects, and had amassed assets totalling 804 million patacas. On 30 January 2008, Ao was found guilty on 40 counts of bribe-taking, amongst others, and was sentenced to 27 years in prison. Ao was aided and abetted by four family members, who were also jailed for between 10 and 18 years for money laundering. On 31 May 2012, Ao was found guilty of taking bribes of more than 31.9 million patacas, and received a sentence of 29 years in prison. Joseph Lau and Steven Lo are both implicated and have been charged with offering tens of mil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ou (surname)
Ou is the pinyin romanization of the Chinese surnames and , which share a common origin with the compound surname Ouyang (), from the ruling family of the State of Yue during the Spring and Autumn period. They are commonly romanized as Au or Ao in Cantonese. Ou 歐 is listed 361st in the Song dynasty classic text ''Hundred Family Surnames''. As of 2008, Ou 欧 is the 134th most common surname in China, shared by 1.13 million people. Most recently, by using the 2010 China census data and statistical analysis data that included random sampling from Taiwan, Hong Kong and Macau, the Fuxi Culture Research Association ranked the surname / 291st most common in China, shared by around 199,000 people (0.015% of the Chinese population) with the largest concentration of holders in Guangdong province. Distribution Ou was the 27,293th most common surname in the United States during the 1990 census and the 11,845th most common surname during the 2000 census. Au ranked 11,417th and 5,195th, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Money Laundering
Money laundering is the process of concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source. It is a crime in many jurisdictions with varying definitions. It is usually a key operation of organized crime. In US law, money laundering is the practice of engaging in financial transactions to conceal the identity, source, or destination of illegally gained money. In UK law the common law definition is wider. The act is defined as "taking any action with property of any form which is either wholly or in part the proceeds of a crime that will disguise the fact that that property is the proceeds of a crime or obscure the beneficial ownership of said property". In the past, the term "money laundering" was applied only to financial transactions related to organized crime. Today its definition is often expanded by government and international regulators such as the US Offic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong Dollars
The Hong Kong dollar (, sign: HK$; code: HKD) is the official currency of the Hong Kong Special Administrative Region. It is subdivided into 100 cents or 1000 mils. The Hong Kong Monetary Authority is the monetary authority of Hong Kong and the Hong Kong dollar. Three commercial banks are licensed by the Hong Kong Monetary Authority to issue their own banknotes for general circulation in Hong Kong. These banks, HSBC, Bank of China, and Standard Chartered, issue their own designs of banknotes in denominations of HK$20, HK$50, HK$100, HK$150, HK$500, and HK$1000, with all designs being similar to one another in the same denomination of banknote. However, the HK$10 banknote and all coins are issued by the Government of Hong Kong. As of April 2019, the Hong Kong dollar is the ninth most traded currency in the world. Hong Kong uses a linked exchange rate system, trading since May 2005 in the range US$1:HK$7.75–7.85. Apart from its use in Hong Kong, the Hong Kong dollar is a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Independent Commission Against Corruption (Hong Kong)
The Independent Commission Against Corruption (ICAC) of Hong Kong was established by Governor of Hong Kong, Governor MacLehose of Beoch, Sir Murray MacLehose on 15 February 1974, when Hong Kong was under colonial Hong Kong, British rule. Its main aim was to clean up endemic corruption in the many departments of the Government of Hong Kong, Hong Kong Government through law enforcement, prevention and community education. The ICAC is independent of the Hong Kong Civil Service and politically-appointed Principal officials of Hong Kong, Principal Officials. The Basic Law of Hong Kong stipulates that the ICAC shall function independently and be directly accountable to the Chief Executive of Hong Kong. Previous to the Handover of Hong Kong, transfer of sovereignty in 1997, ICAC reported directly to the Governor of Hong Kong, and appointments to the ICAC were also made directly by his office. The ICAC is headed by a Commissioner of the Independent Commission Against Corruption, Commis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Virgin Islands
) , anthem = "God Save the King" , song_type = Territorial song , song = "Oh, Beautiful Virgin Islands" , image_map = File:British Virgin Islands on the globe (Americas centered).svg , map_caption = , mapsize = 290px , image_map2 = British Virgin Islands - Location Map (2013) - VGB - UNOCHA.svg , mapsize2 = 250px , subdivision_type = Sovereign state , subdivision_name = , established_title = , established_date = Dutch West Indies , established_title2 = British capture , established_date2 = 1672 , established_title3 = Cooper Island (British Virgin Islands), Cooper Island sold to UK , established_date3 = 1905 , established_title4 = Separate colony , established_date4 = 1960 , established_title5 = Autonomy , established_date5 = 1967 , official_languages = North American English, English , demonym = , capital = Road Town , coordinates = , largest_city = capital , ethnic_groups = 76.9% Black people, Black5.6% Hispanic5.4% White people, White5.4% Multirac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shell (corporation)
A shell corporation is a company or corporation that exists only on paper and has no office and no employees, but may have a bank account or may hold passive investments or be the registered owner of assets, such as intellectual property, or ships. Shell companies may be registered to the address of a company that provides a service setting up shell companies, and which may act as the agent for receipt of legal correspondence (such as an accountant or lawyer). The company may serve as a vehicle for business transactions without itself having any significant assets or operations. Shell companies are used regularly for tax evasion, tax avoidance, money laundering, or to achieve a specific goal such as anonymity. Anonymity may be sought to shield personal assets from others, such as a spouse when a marriage is breaking down, from creditors, or from government authorities. Shell companies can have legitimate business purposes. They may, for example, act as trustee for a trust, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Galaxy Entertainment Group
Galaxy Entertainment Group ("GEG") ( is a company that owns and operates hotels and casinos in Macau through its subsidiary, Galaxy Casino S.A. History The company, known formerly as K. Wah Construction Materials, disposed of its construction material business and became the only Hong Kong-listed company to hold an operating license in Macao in 2005 by acquiring a 97.9% stake in Galaxy Casino SA. The deal was described as akin to "a snake trying to swallow an elephant". Galaxy and Venetian Macao had originally planned to run their gaming license in Macao jointly, but the two had since split and decided to run their gaming business separately. In February 2020 the company confirmed it had withdrawn from its bidding in Osaka and would instead focus on other licenses in Japan, including Yokohama among others. After its Macau casinos were closed that month for the Corvid outbreak as well as other casinos, the company said it would return to full capacity only after guest demand had i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Venetian Macao
The Venetian Macao () is a hotel and casino resort in Macau owned by the American Las Vegas Sands company. The 39-story structure on Macau's Cotai Strip has of floor space, and is modeled on its sister casino resort The Venetian Las Vegas. It is the second-largest casino in the world, the largest single structure hotel in Asia, and the List of largest buildings in the world#Largest area, seventh-largest building in the world by floor area. The main hotel tower was finished in July 2007, and the resort officially opened on 28 August 2007. It has 3,000 suites, of convention space, of retail space, and of casino space (with 3,400 slot machines, 800 gambling tables), and the 15,000-seat Cotai Arena for entertainment and sports events. Its lead architects were Aedas and HKS, Inc., who were responsible for its design, coordination and implementation. Casino The casino measures . It is further divided into four themed gaming areas: * Golden Fish * Imperial House * Red Drago ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2005 East Asian Games
The 4th East Asian Games was an international multi-sport event for countries in East Asia which was held in Macau from October 29 to November 6, 2005. Host city At the 11th EAGA Council Meeting held in Guam in March 1996, Macau, then a Portuguese colony was awarded the right and honour to host the 4th East Asian Games. Venues * Estádio Campo Desportivo ** Macau Stadium - Opening ceremony, Athletics, Football ** Macau Hockey Centre - Hockey ** Macau Olympic Aquatic Centre - Aquatics (Diving, Swimming, Synchronised swimming) ** Macau Stadium Pavilion - Weightlifting * Macau East Asian Games Dome ** Theatre - Dance sport ** Arena - Closing ceremony, Gymnastics * Macau University of Science and Technology ** Sports Field - Football * Tap Seac Multisport Pavilion - Basketball * Bowling Centre - Bowling * Nam Van Lake Nautical Centre - Dragon boat, Rowing * IPM Multi-sport Pavilion - Karate * Macau International Shooting Range - Shooting * Tennis Academy - Soft tennis, Tennis * Macau ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kickback (bribery)
A kickback is a form of negotiated bribery in which a commission is paid to the bribe-taker in exchange for services rendered. Generally speaking, the remuneration (money, goods, or services handed over) is negotiated ahead of time. The kickback varies from other kinds of bribes in that there is implied collusion between agents of the two parties, rather than one party extorting the bribe from the other.Wrage, Alexandra Addison. ''Bribery and Extortion: Undermining Business, Governments, and Security.'' Westport, Conn.: Praeger Security International, 2007. p. 14. The purpose of the kickback is usually to encourage the other party to cooperate in the scheme.Kranacher, Riley, and Wells, p. 387. The term "kickback" comes from colloquial English language, and describes the way a recipient of illegal gain "kicks back" a portion of it to another person for that person's assistance in obtaining it.Campos, p. 299. Types and methods The most common form of kickback involves a vendor sub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Court Of Final Appeal (Macau)
The Court of Final Appeal of Macau ( pt, Tribunal de Última Instância de Macau; ) is the court with the final adjudication power on laws of Macau. Prior to 1999, the highest court was the Higher Court of Justice of Macau and prior to that the Court of Appeal of the Judiciary District of Lisbon in Portugal. Under the Basic Law of Macau, which is the constitutional document of the region, Macau remains the previous legal jurisdiction. On the other hand, the power of interpretation of the Basic Law itself, being part of the national law, is vested in the Standing Committee of the National People's Congress of China (NPCSC) in accordance with the Basic Law. However, the same Article delegates such power to the courts of Macau for interpretation while handling court cases. Judges Judges of the court include the following: * Sam Hou Fai – President of the Court of Final Appeal of Macau * Viriato Manuel Pinheiro de Lima * Song Man Lei See also * Legal system of Macau Refe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Of Macau
The Chief Executive of the Macao Special Administrative Region (; pt, Chefe do Executivo da Região Administrativa Especial de Macau) is the head of government of Macau, a special administrative region of China. The position replaced the office of Governor of Macau, the former head of Macau as an overseas province of Portugal. Under the Basic Law of Macau, the chief executive's role is to: ...be the head of the Macau Special Administrative Region and shall represent the Region. The Chief Executive of the Macau Special Administrative Region shall be accountable to the Central People's Government and the Macau Special Administrative Region in accordance with the provisions of this Law. The current chief executive is Ho Iat Seng. His office is located at the Macau Government Headquarters, formerly the Governor's House (from 1883-1926) and the Governor's office (from 1926 to 1999). The CE has used this as his office since 2009. History The office was created by the first sessio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
