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Al Jazeera
Al Jazeera
Environment
Stuart Heaver

UK sewage scandals put Hong Kong billionaire in firing line

NWL has racked up 780,000 pounds ($896,000) in fines since 2021 for discharging sewage in UK waterways including the River Wear [File: Lee Smith]

Whitburn, the United Kingdom – When Hong Kong billionaire Li Ka-shing’s CK Group agreed to sell a 25 percent stake of its UK-based water company to New York-listed investment giant KKR, the investment was enthusiastically received in financial circles across Asia.

In the parts of the UK where Northumbrian Water Limited (NWL) operates, news of the $1bn deal prompted fury.

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