Oxley Holdings further denies CEO’s links to Venice corruption probe

It clarified that CEO Ching Chiat Kwong acted on its behalf when evaluating the Pili Land.

Oxley Holdings Limited has further denied the involvement of its Executive Chairman and CEO, Ching Chiat Kwong, in the corruption investigation involving public officials in Venice, Italy.

In a statement issued on 25 July, Ching told the board said he was acting on behalf of the group when he evaluated proposals for the Pili Land in 2016. He clarified that it was deemed financially unfeasible and no further steps were pursued. The plan was to potentially transform the land into a waterfront township similar to the Royal Wharf project in the UK.

Additionally, he reiterated that his purchases of Palazzo Donà and Palazzo Papadopoli were personal investments and unrelated to the ongoing corruption investigation in Venice.

In an earlier statement, the group described the accusations against Ching as “unfounded and untrue.”

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia