TNAG-2483-FCO40-3614-UK-Hong-Kong-Scholarship-Scheme-donation-to-the-UK-Governme-1992 — Page 150

FROM: S J Haspel

MATT 235/1

Hong Kong Department

DATE: 18 March 1992

ত

SHORT ACCOUNT OF S K TANG BEQUEST

1.

Sir S K Tang bequeathed £1 million in 1986 to the

British Government, the interest from which was to be used

for charitable purposes in the UK at the discretion of HMG.

2. After much deliberation, the decision was taken that one

third should go to Cancer Research and two thirds to fund

the UK/HK Scholarship Scheme.

3. The funds are presently being held in Hong Kong where

UK/HK Scholarship Fund has access to them but, not Cancer

Research. The funds need to be brought over here before

1997 at the latest.

4. In May 1991, based on legal advice, the HKD submitted an

application to set up a Trust Fund to Mr Venables of the Charity Commission.

5. Since May, Mr Venables at the Charity Commission has

been particularly uncommunicative. He has spoken to us once in November when it was discovered that the papers had gone

astray and needed to be resent. Our last letter was from

Mr Ricketts on 28 January, we still await a reply. Phone

calls of 15 January, 25 and 26 February, 4 and 5 March, have

never been returned.

6. At the very least we need a progress report on "action

to date".

S J Haspel

YETADV/1

JRB

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