【明報專訊】"It is unreasonable to keep trampling (踐踏) on a person. People have to be fair," said Executive Councillor Lau Wong-fat (行政會議成員劉皇發) in Taiwan before returning to Hong Kong in late September.
Impact of the incident
In February 2010, Lau Wong-fat's and his family's businesses made a paper profit(帳面獲利) of $1.45 million by selling two Palm Springs (加州花園) houses. They also made about $800,000 by selling three of the 24 Yoho Midtown flats they had bought when they had yet to be conveyed. Under the guidelines on declaration of interests by Exco members (行政會議成員利益申報指引), a member should inform the Exco secretary of any property transaction within fourteen days of any change in title. Yet Lau has made no declaration in respect of any of the property deals he has made over the past six months. As Exco members have access to sensitive and secret information, it is a matter of concern whether any conflict of interest has arisen. Lau subsequently issued a public apology. However, it seems he might also have failed to report his ownership of shares.
