TNAG-2775-FCO40-3992-Profile-of-Tsui-Tsin-Tong--Chairman-of-CTN-Holdings--Hong-Ko-1993 — Page 8

Mrs Hulking,

for Saniture Anxel.

Jiels

SECRET AND PERSONAL

På

Mr Ricketts HKD

Thank you. Letter has

Isshed.

JJJJocow BockeR

APS/PUS 1715/93

6

HICC 010/1

RECEIVED IN RECISTRY

2 JUN 1993

DESK CFFICER

INDEX

PA

REGISTRY Action Taken

FROM:

16.

PF Ricketts

Hong Kong Department

DATE:

12 May 1993

CC:

Mr Fry, FED PUSD

Mr Hum Chan """;

PS

Ps/ps

HONG KONG: LETTER FROM THE CABINET SECRETARY ABOUT SIR RONNIE GRIERSON

3

1. Sir Robin Butler's letter of 5 May to the PUS asked for our advice on how Sir R Butler should respond to an enquiry from Sir Ronnie Grierson. The latter wanted to know whether we would advise him that he should not continue as a member of the board of one of T T Tsui's companies.

2. I submit a self-explanatory draft reply. I have cleared this with the Governor in Hong Kong and also with PUSD (CN) and

Box 500.

Michath

PF Ricketts

SECRET AND PERSONAL

grierson.MIN.NJH/JRB

Your Ref: A093/1488

SECRET

May 1993

Sir Robin Butler GCB CVO Secretary of the Cabinet Cabinet Office

70 Whitehatl

· London SW1A 2AS'

THIS IS A COPY

THE ORICINAL. HAS BEEN RETAINED IN THE DEPARTMENT UNDER

SECTION 3 (4) OF THE PUBLIC RECORDS ACT 1958

SIR RONNIE GRIERSON:

CTN HOLDINGS, HONG KONG

Thank you for your letter of 5 May.

The

We know quite a lot about Mr T T Tsui. He is, as you will recall, a wealthy Hong Kong businessman who has made substantial investments in the UK, and large charitable donations here (eg the eponymous gallery at the V & A). source of his wealth is unclear. His overt activities such as Citybus and the company of which Sir Ronnie Grierson is a Director do not generate funds on the scale required.

You will recall his involvement in the

negotiations with China in the summer of 1991 on the Hong Kong Airport project. It is possible that this was purely a piece of private initiative on his part, involving some misleading of both sides. But it is also possible that he was acting on behalf of contacts in the Chinese leadership.

butler7.5LET.NJH

SECRET

SECRET

philanthropist.

In short, there are shady aspects to some of Tsui's activities, although we are not aware that CNT Holdings is involved in these activities. Tsui has established himself as a leading

He has called on the Prime Minister, attended garden parties at Buckingham Palace etc. We do not believe that there are grounds to advise Sir Ronnie Grierson to sever his links with CNT Holdings.

Sir David Gillmore

butler7.5LET.NJH

SECRET