HONG KONG HAS A SOUND BANKING SYSTEM ACTING GOVERNOR
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THE WAY IN WHICH THE BANKS HAVE COPED WITH THE RECENT SITUATION HAS PROVED THAT WE DO HAVE A SOUND BANKING SYSTEM IN HONG KONG, AND THE GOVERNMENT STANDS READY TO BACK THE BANKS WITH THE EXCHANGE FUND, THE ACTING GOVERNOR, SIR DAVID FORD, SAID TODAY (SATURDAY).
SPEAKING TO REPORTERS AFTER OFFICIATING AT THE OPENING OF THE THIRD INTERNATIONAL ABILYMPICS 1991 AT SHA TIN TOWN HALL, SIR DAVID SAID: "I THINK WE'VE ALL BEEN CONCERNED BY THE UNCERTAINTY WHICH HAS BEEN CREATED OVER THE LAST FEW DAYS BY RUMOURS ABOUT CERTAIN BANKS, BUT I HOPE IT'S NOW CLEAR TO PEOPLE IN HONG KONG THAT THOSE RUMOURS WERE TOTALLY UNTRUE.
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SIR DAVID SAID HE WAS VERY PLEASED TO SEE THE SUPPORT WHICH WAS GIVEN BOTH BY THE HONGKONG AND SHANGHAI BANKING CORPORATION AND BY THE BANK OF CHINA, WHO WERE CLEARLY ON THE RECORD, AS STATING THAT HONG KONG DID HAVE A SOUND BANKING SYSTEM AND THAT THEY STOOD READY TO SUPPORT ANY BANK IN HONG KONG.
"SO I HOPE NOW THAT PEOPLE IN HONG KONG CAN SETTLE DOWN AND NOT WORRY BECAUSE THERE IS NOTHING TO WORRY ABOUT, HE SAID.
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"WE MUST, HOWEVER, NOT LET THE PEOPLE WHO ARE SPREADING RUMOURS GO UNPUNISHED AND I HAVE ASKED THE COMMISSIONER OF POLICE TODAY TOGETHER WITH THE COMMISSIONER OF THE ICAC TO CARRY OUT A THOROUGH INVESTIGATION TO TRY TO FIND OUT WHO THOSE PEOPLE ARE, SIR DAVID SAID.
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"WE CANNOT LET THE COMMUNITY BE UNSETTLED IN A WAY IT HAS BEEN OVER THE LAST FEW DAYS BY SUCH RUMOUR-MONGERING WHICH AFFECTS EVERYBODY IN HONG KONG, HE ADDED.
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REHABILITATION POLICIES AND SERVICES UNDER REVIEW: ACTING GOVERNOR
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THE AIM OF HONG KONG PEOPLE ARE FULLY COMMITTED TO ACHIEVE "EQUALITY THROUGH PARTICIPATION" AND GREAT EFFORTS HAVE BEEN MADE
GOVERNOR, IMPROVE THE SERVICES FOR DISABLED PERSONS, THE ACTING DAVID FORD, SAID TODAY (SATURDAY).
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"WE ARE PROUD OF OUR ACHIEVEMENTS, BUT STILL MUCH NEEDS TO DONE," SIR DAVID SAID, WHEN SPEAKING AT THE OPENING CEREMONY
HONG KONG, THIRD INTERNATIONAL ABILYMPICS 1991
THE REHABILITATION GREEN PAPER FOR OUT WAYS IN
HE SAID THE GOVERNMENT WAS NOW REVIEWING POLICIES AND SERVICES WITH AN AIM OF PRODUCING A PUBLIC CONSULTATION BY THE END OF THIS YEAR WHICH SET WHICH THE SERVICES COULD BE IMPROVED.
/"THE EXCHANGE