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Australian foreign-bribery trial linked to sale of property to Malaysia slated for July 2022

By James Panichi ( December 15, 2021, 02:53 GMT | Insight) -- A man alleged to have bribed a Malaysian official as part of a property deal in the Australian city of Melbourne will face trial next year, with the judge of a local court today setting July 26 as the date for the two-day trial focusing on the 2013 acquisition of a student residential complex. Teen Boon Lye is facing one count of bribing a foreign official and four counts of false accounting, in charges relating to the 2013 sale of the residential complex to a Malaysian government-owned entity for over $16 million — an inflated price that allegedly saw millions of dollars in kickbacks directed to Malaysian officials.A man alleged to have bribed a Malaysian official as part of a property deal in the Australian city of Melbourne will face trial next year, with the judge of a local court today setting July 26 as the date for the two-day trial focusing on the 2013 acquisition of a student residential complex....

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