- 23
23 -
T
(c)
Statistics on reports
End
The SEHK does not maintain statistics on cases of corporate fraud and mismanagement reported by members of the public. The statistics from the SFC are as follows:
Number of cases reported
Year
suspected mismanagement
suspected fraud
1995
1996
4
13
1
I
A package of measures to speed up urban renewal
Following is a question by the Hon David Li and a written reply by the Secretary for Planning, Environment and Lands, Mr Bowen Leung, in the Legislative Council today (Wednesday):
Question:
In the policy statement on "Urban Renewal in Hong Kong" issued by the Administration in June 1996, it was stated that in ten years' time, more than 40 per cent of the private housing stock in the urban area will be over 30 years old, as compared with the present figure of 20 per cent. In this connection, will the Government inform this Council whether it plans to commit more resources to speed up the urban redevelopment programme; if so, what the details are?
Reply:
Mr President,
In the policy statement on "Urban Renewal in Hong Kong" published in June 1996, we proposed to introduce a package of immediate measures to facilitate and speed up planned urban renewal schemes and, in the longer term, to consider more fundamental changes to the existing arrangements to increase the speed and scale of urban renewal.