CEO Accepts Full Responsibility, MTR Widens Probe
"); jQuery("#212 h3").html("

"); });
2018-06-21 HKT 19:27
The MTR's Chief Executive Lincoln Leong said on Thursday that he will accept full responsibility for any failings on the part of the corporation, as the rail operator announced a new probe relating to the construction of the entire Shatin-Central Link
Speaking after a special board meeting, Leong said the company's 17,000 employees are very professional but if there have been problems with their compliance with rules, this would be looked into.
"But at the end of the day as a chief executive officer of this company, I am responsible, I am accountable as chief executive of the company," he said.
Chairman Fred Ma said it is the duty of the CEO to report any issues to the board, which will decide later whether anyone should be held responsible.
The new probe is to look into the corporation's project management system. A registered structural engineer had already been asked to investigate a safety scare involving the construction of a platform at Hung Hom Station.
The troubled new rail link, which has been delayed and is now the MTR's costliest expansion project to date, has been plagued by controversies in the last few weeks as an array of construction flaws were unearthed one after another.
The dodgy construction at Hung Hom Station was revealed first, followed by a report of a similar issue at To Kwa Wan. Then it was revealed that the future Exhibition Centre Station has also been experiencing trouble with excavation and construction work.
OKI And Hitachi To Launch Joint Venture For ATM And Automated Equipment In October
OKI, Hitachi, and Hitachi Channel Solutions have announced that they have reached agreements to integrate their automat... Read more
The Race For Hong Kongs First Stablecoin Licenses Is Almost Over
I’ve been refreshing the Hong Kong Monetary Authority’s register of licensed stablecoin issuers frequently over the... Read more
HTF Securities And Alchemy Pay Expand Hong Kong Type 1 License For Virtual Assets
Alchemy Pay has announced that, in partnership with HTF Securities Limited, it has successfully expanded HTF Securities... Read more
Ping An Digital Bank Rebrands As Deposits Exceed HK$12 Billion
Ping An Digital Bank has introduced a new brand identity, aligning more closely with its parent, Ping An Insurance. The... Read more
Futus PantherTrade Launches Full-Scale Licensed Operations In Hong Kong
Futu has announced that its wholly-owned virtual asset trading platform, PantherTrade, has begun full-scale licensed op... Read more
Mastercard Enables AI Agent To Complete Live Ride-Booking Payment In South Korea
Mastercard has completed a live, authenticated agentic transaction in South Korea, marking a key development in AI-powe... Read more