棄車保帥

Hong Kong's embattled chief executive, CY Leung, has pocketed millions in secret fees from a listed Australian company in return for supporting its Asian business ambitions, a Fairfax Media investigation can reveal.

The arrangement is outlined in a secret contract dated December 2, 2011, before he was elected chief executive, in which Australian engineering company UGL agreed to pay the Beijing-backed politician 4 million (more than AUD $7 million).

The payments were made in two instalments, in 2012 and 2013, after he became Hong Kong's top official.

The payments relate to a deal in which UGL bought an insolvent 200-year old British property services firm he was associated with called DTZ Holdings, whose prospects depended on Mr Leung's network of managers and clients in Hong Kong and mainland China.

Mr Leung, who is currently battling unprecedented pro-democracy protests, strenuously defended his judgment to not declare the payments on his register of personal interests, when Fairfax brought them to his attention.

http://bit.ly/1s9RXjc


Hong Kong's embattled chief executive, CY Leung, has pocketed millions in secret fees from a listed Australian company in return for supporting its Asian business ambitions, a Fairfax Media investigation can reveal.

The arrangement is outlined in a secret contract dated December 2, 2011, before he was elected chief executive, in which Australian engineering company UGL agreed to pay the Beijing-backed politician 4 million (more than AUD $7 million).

The payments were made in two instalments, in 2012 and 2013, after he became Hong Kong's top official.

The payments relate to a deal in which UGL bought an insolvent 200-year old British property services firm he was associated with called DTZ Holdings, whose prospects depended on Mr Leung's network of managers and clients in Hong Kong and mainland China.

Mr Leung, who is currently battling unprecedented pro-democracy protests, strenuously defended his judgment to not declare the payments on his register of personal interests, when Fairfax brought them to his attention.

http://bit.ly/1s9RXjc