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4. THE MEDIA" EXTENSIVELY REPORTED THAT THE FINANCIAL SECRETARY, DURING THE LEGCO DEBATE, PROMISED TO ISSUE A PAPER PROVIDING THE INFORMATION SOUGHT IN THE LEGCO MOTION AND THAT THE CHIEF SECRETARY SUBSEQUENTLY ANNOUNCED THAT THE PAPER WOULD BE ISSUED WITHIN TWO TO THREE WEEKS. IT WAS NOTED THAT THE PAPER WOULD PROVIDE DETAILED INFORMATION ON THE SAFETY AND TARIFF ARRANGEMENTS. SOME LEGCO MEMBERS, SUCH AS MR. MARTIN LEE, REITERATED THAT THEY WOULD SEEK RELEASE OF THE RELEVANT INFORMATION IF THERE WAS INADEQUATE INFORMATION IN THE GOVERNMENT'S PAPER.
THE JOINT CONFERENCE FOR SHELVING THE DAYA BAY PLANT' AGREED THAT THE LEGCO MEMBERS SHOULD PRESS THE GOVERNMENT TO RELEASE ALL RELEVANT INFORMATION ON DAYA BAY. THEY SAID THAT THE RELEVANT DOCUMENTS, IN PARTICULAR THE LAZARD BROTHERS' REPORTS SHOULD BE RELEASED. IF THERE WAS DIFFICULTY IN RELEASING THE LAZARD BROTHERS' REPORTS IN FULL, AT LEAST THE LAZARDS' CONCLUSION SHOULD BE PUBLISHED TO DEMONSTRATE WHETHER THE DAYA BAY PROJECT WOULD ATTRACT ECONOMIC BENEFITS TO HONG KONG CONSUMERS. IN THIS CONNECTION, MING PAO PUBLISHED AN ARTICLE STATING THAT THE GOVERNMENT WOULD INSIST ON WITHHOLDING THE LAZARD BROTHERS' REPORTS. ARTICLE QUOTED AN EXCO MEMBER WHO HAD SEEN THE REPORTS AS SAYING THAT THE ESTIMATES OF OIL PRICES IN THE REPORTS WERE HIGHER THAN THE CURRENT PRICES. THE DISCLOSURE OF THE REPORTS WOULD THEREFORE LEAD TO A FRESH DEBATE ON THE ECONOMIC VALUE OF THE DAYA BAY PROJECT. FURTHERMORE, THE GOVERNMENT HAD TO PAY LAZARD BROTHERS A RESPON- SIBILITY FEE FOR RELEASING THE CONTENT OF THE REPORTS.
THE
6. THE MEDIA NOTED THAT THE NEW LEGCO AD HOC GROUP TO MONITOR THE DAYA BAY PROJECT MET THE FIRST TIME ON 27 OCTOBER. HON. WONG PO-YAN AND HON. CHUNG PUI-LAM WERE RESPECTIVELY SELECTED TO BE THE CONVENOR AND VICE-CONVENOR OF THE GROUP. MR WONG TOLD THE PRESS THAT THE GROUP WOULD MONITOR THE DAYA BAY PROJECT FROM NOW TILL THE PLANT CAME INTO OPERATION IN 1992. ONE OF THEIR IMPORTANT JOBS WAS TO COLLECT INFORMATION FROM THE PARTIES CONCERNED. NGAI SHIU-KIT LATER ANNOUNCED THAT THE GROUP WOULD PAY A VISIT TO DAYA BAY.
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7. THE REMARKS MADE BY SIR GEOFFREY AT THE AIRPORT ON A STOP IN HONG KONG AFTER THE QUEEN'S VISIT TO CHINA WERE PICKED UP BY THE MEDIA. IT WAS RECORDED THAT SIR GEOFFREY HAD BEEN REASSURED BY THE CHINESE LEADERS THAT THE CHINESE GOVERNMENT FULLY UNDERSTOOD AND WAS FULLY ALIVE TO HONG KONG'S CONCERNS OVER THE CONSTRUCTION OF THE DAYA BAY PLANT AND THAT EVERY EFFORT WOULD BE MADE TO ENSURE THE SAFETY OF THE PLANT.
8. AS PART OF A GENERAL PLAN TO REASSURE PEOPLE IN HONG KONG THAT CHINA WAS WILLING TO RELEASE INFORMATION ON THE DAYA BAY PROJECT, THE CHINESE GOVERNMENT ISSUED A REPORT ON 24 OCTOBER ANNOUNCING THAT THE CHINESE PEOPLE'S INSURANCE COMPANY SHENZHEN BRANCH HAD BECOME THE INSURER OF THE DAYA BAY PLANT SINCE 7
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