CO129-510-14 Report of committee of enquiry into discrepancies and losses in government departments in Hong Kong... 21-4-1928 - 24-10-1928 — Page 127

RECEIVE0

23 APR 1928 OOL.OFFICE

127

TELEGRAM from the Governor of Hong Kong to the Secretary

of State for the Colonies.

Dated 21st April.

(Received, Colonial Office, 5.30 a.m., 21st April, 1928).

2

Your telegram of 18th April.

Defalcation.

The Treasury

was defrauded of 260,000 dollars by a very clever and carefully

prepared forgery probably organised by Agerk who afterwards

absconded and who it appeared later had been guilty of

forgery elsewhere. I am advised that there is no chance of recovery from the bank. I have already appointed on 31st March Committee, Chief Justice as Chairman with Hazlerigg and Dallin with the following terms of reference (1) To enquire into responsibility for the recent defalcations losses and financial irregularities in certain Government Departments (2) To make recommendations for safeguarding the collection of revenue and for prevention of financial irregularities generally in Government Departments.

will be submitted when received.

Report of the Committee