WEDNESDAY, AUGUST 1, 1979
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INVESTIGATION FILES AND RELATED DOCUMENTS WERE PASSED TO A UMELCO TEAM FOR EXAMINATION AND, THE GROUP CHECKED 165 CASES LAST YEAR, MR. DAVIES SAID,
WHILE SUPPORTING CAPO'S AIM TO INVESTIGATE COMPLAINTS AGAINST THE POLICE IN A FAIR AND JUST MANNER, MR. DAVIES AGREES WITH THE UMELCO GROUP'S VIEW THAT A POLICE OFFICER SHOULD NOT BE DETERRED FROM DOING HIS DUTY FOR FEAR THAT AN UNWARRANTED COMPLAINT MAY PLACE HIS JOB OR FUTURE IN JEOPARDY.
+VERY OFTEN CRITICISM OF POLICE CONDUCT IS A LAW-BREAKER'S ONLY LINE OF DEFENCE, AND IT IS IMPORTANT THAT POLICE OFFICERS BE FULLY EXONERATED WHEN THE FACTS INDICATE THAT A COMPLAINT IS UNSUBSTANTIATED, HE ADDED.
ON THE WHOLE, THE GROUP HELD THAT SATISFACTORY PROGRESS HAS BEEN MADE BY CAPO LAST YEAR.
IT WAS ESTABLISHED IN SEPTEMBER 1977 TO MONITOR AND REVIEW THE WORK OF CAPO.
LOAN FOR CONSTRUCTION OF MTR TSUEN WAN DEPOT APPROVED
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THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY) ADOPTED A MOTION SEEKING AUTHORITY FOR A GOVERNMENT GUARANTEE FOR EXPORT CREDITS TO FINANCE A CONTRACT FOR THE MASS TRANSIT RAILWAY CORPORATION'S EXTENSION TO TSUEN WAN,
IN MOVING THE MOTION, THE ACTING FINANCIAL SECRETARY, THE HON. HENRY CHING SAID THE LOAN, AMOUNTING TO $142 MILLION FOR CONSTRUCTION OF ALL THE WORKS NECESSARY FOR THE CORPORATION'S RAILWAY DEPOT AT TSUEN WAN, COVERED ABOUT 30 PER CENT OF THE ACTUAL CONTRACT PRICE.
*THE CONTRACT PLACED IN FRANCE HAS BEEN AWARDED IN HONG KONG DOLLARS TO EXCLUDE ANY EXCHANGE RISK TO THE CORPORATION,+ MR. CHING SAID.
THE TERMS OF FINANCE INCLUDE A FIXED INTEREST RATE OF 7.75 PER CENT PER ANNUM AND A GUARANTEE ADDITIONAL COVERS ANY DEFERRED INTEREST PAYMENT UP TO A LIMIT OF $4.5 MILLION.
MR. CHING SAID THE GOVERNMENT'S TOTAL GUARANTEE COMMITMENT IN THE CORPORATION WILL BE $8,903 MILLION.
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