Friday, August 1, 2014   

Call for Mega Events Fund to be scrapped
(05-02 18:01)

The Chief Executive of the Democratic Party, Lam Cheuk-ting, on Friday called for the Mega Events Fund to be scrapped -- after the Audit Commission uncovered what he described as serious fraud and conflict of interest cases.
Of particular concern was the HK$5.3 million the fund had allocated since 2011 to the annual Dragon and Lion Dance Extravaganza.
The auditor revealed that the organizers of that event had overstated the number of jobs it created and had hired associates without declaring potential conflicts of interest.
The events organizing committee was headed by legislator Chan Kam-lam from the pro-Beijing Democratic Alliance for the Betterment and Progress of Hong Kong. --RTHK   
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