TNAG-1764-FCO40-2518-Hong-Kong-stock-market-and-exchange-rate-1988 — Page 126

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

CONFIDENTIAL

нис 100

25

113076 MDHIAN 8609

CONFIDENTIAL

FM HONG KONG

TO IMMEDIATE FCO

TELNO 707

OF 220245Z FEBRUARY 88

79

PERSONAL FOR/HUM, HKD, FROM GOVERNOR

YOUR TELNO 429: MR CHARLES SIN

TOP COPY Q DIST ?

THERE IS LITTLE I CAN ADD TO THE BACKGROUND OF WHICH YOU ARE ALREADY AWARE. AS YOU KNOW CHARGES HAVE NOW BEEN BROUGHT

/ AGAINST MR RONALD LI. MR DONALD TSANG HAS BEEN RELEASED BY THE ICAC AND WILL RESUME WORK IN THE STOCK EXCHANGE. NO CHARGES HAVE YET BEEN BROUGHT AGAINST MR JEFFREY SUN.

2. MR SIN WAS ONE OF THOSE WHO RECEIVED A LETTER FROM THE ICAC INFORMING HIM THAT THEY WOULD WISH TO INTERVIEW HIM IN CONNECTION WITH THEIR INVESTIGATION. THIS WAS OF COURSE THE GUIDELINE WE USED FOR REQUIRING CERTAIN MEMBERS OF THE STOCK EXCHANGE COMMITTEE TO DISTANCE THEMSELVES FROM THE RUNNING OF THE EXCHANGE. MR SIN WAS QUOTED IN EARLY JANUARY AS COMPLAINING ABOUT THESE DEVELOPMENTS BUT HAS TAKEN A LOW PROFILE SINCE. AT THIS STAGE I DO NOT KNOW WHETHER ANY CHARGES WILL BE BROGHT AGAINST HIM. AS YOU SAY, YOU SHOULD NOT BE DRAWN INTO DISCUSSION OF THE ICAC INVESTIGATIUN.

3. IF MR SIN DOES COMPLAIN ABOUT THE EVENTS OF EARLY JANUARY, I SUGGEST YOU SHOULD LISTEN TO WHAT HE HAS TO SAY AND MAKE THE POINT THAT IT IS VITAL, FOR ANY ALLEGATIONS INTO THE OPERATIONS OF THE STOCK EXCHANGE TO BE FULLY INVESTIGATED. HE, AS CHAIRMAN OF THE STOCK EXCHANGE, WOULD PRESUMABLY AGREE WITH THIS.

WILSON

YYYY

ΜΑΙΝ

17

LIMITED

HKD

NNNN

DISTRIBUTION

17

MR MCLAREN

PAGE

1

CONFIDENTIAL

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.