×
Friday, March 20, 2026

Businessman and construction graft whistleblower Jason Poon released on bail after fraud arrest - Hong Kong Free Press HKFP

A Hong Kong businessman who has taken on corruption in the construction sector has said he will focus more on his family following his arrest over alleged government-loan fraud.

Jason Poon wrote on Facebook on Friday that he was safe and sound, shortly after local media reported he had been released on bail from the Kowloon City Division Police Station.

“I am sorry that I can’t tell you what happened in the past 48 hours. What I can say is that I did not sleep for the first 36 hours, but then I got enough rest for 10 hours,” Poon wrote in the Chinese-language post. “I am now in good spirits. But my phone will not be recovered until tonight.”

He also said that he would stay in Hong Kong, but he would “place family, career and health as the top priorities.”

Sing Tao Daily quoted Poon as telling reporters, “I am fine,” as he left the police station around noon.

Local media reported on Thursday that Poon was among six people arrested by the police over fraud linked to a government loan scheme.

According to a police statement on Thursday, two men and four women were arrested on Wednesday for suspected fraud linked to the Special 100% Loan Guarantee.

The scheme was launched by the government in early 2020 to help companies amid the Covid-19 pandemic.

The six are accused of offences including fraud and money laundering.

Police later said on Friday that the six had been released on bail and would need to report back in mid-April.

Ming Pao reported on Friday, citing unnamed...



Read Full Story: https://news.google.com/rss/articles/CBMiygFBVV95cUxNd1RWNy1DbTROQkpTZ0NfWlN6...