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The government has allocated over HK$1 million to support the operation of Zheng Sheng College and affected students as the Security Bureau condemned three directors of Christian Zheng Sheng Association who are wanted for alleged fraud and have fled overseas.
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In a statement released on Thursday, a spokesperson for the bureau’s Narcotics Division said founder Jacob Lam Hay-sing didn’t allocate any funding from the association’s bank account to the college despite multiple requests by the government and the school.
To prevent teachers and students, including seven that will be sitting this year’s public exams, from being affected, the government has swiftly withdrawn over HK$1 million from the Beat Drugs Fund to aid the school, the spokesperson said.
“Recently, Lam has been using different excuses to prevent the funds in the association’s bank account from being transferred to the school to maintain the school’s normal operations.”
The spokesperson strongly condemned the malicious and selfish behaviors of these wanted men and urged them not to override the well-being of students and teachers with their self-interests.
In January, four directors – Cheng Tin-nok, 34; Lau Chun-wah, 50; Tong Tak-sung, 69; and Lee Wing-hung, 77 – were arrested on suspicion of conspiracy to defraud HK$50 million from donors.
Lam, 69; college principal Alman Chan Siu-cheuk, 62; and Chan Yau-chi, 63, have absconded overseas and are now wanted by police.
Police earlier said Chan initiated a fundraising campaign in 2020 citing financial troubles suffered by the school but some HK$50 million was found to be wired overseas instead of being spent on the school.
