No Decision Yet In UGL Investigation, Says DOJ
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2018-02-18 HKT 12:59
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The Department of Justice (DOJ) on Sunday denied reports that prosecutors have decided against taking action against former Chief Executive CY Leung over his receipt of HK$50 million from Australian engineering firm UGL.
Media reports had quoted sources as saying the department would not take action over the case, and the ICAC had concluded its investigation.
The DOJ said the case hasn’t been concluded yet, and prosecutors have yet to make a decision on whether or not to lay charges.
Earlier, Chief Secretary Matthew Cheung said he would not comment on speculation, and added that the DOJ would make an announcement at an appropriate time.
The deal Leung struck with UGL was related to its takeover of DTZ, a real estate firm of which he was a board member.
The non-compete agreement was signed before he became Chief Executive, but the payments are believed to have been made during his tenure.
Concerns have been raised about whether Leung declared the payments to the Executive Council, whether they could lead to a conflict of interest, and whether he should have to pay tax on the money.
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