Overseas Experts To Join MTR Collision Probe

"); jQuery("#212 h3").html("

"); });
2019-03-19 HKT 19:02
MTR chairman Fred Ma said on Tuesday that the rail operator will set up an investigation panel which will include overseas experts to look into a collision between two trains on Monday during a signal system test run.
Speaking after a special meeting of the directors held to discuss the unprecedented accident, Ma said the board has told the MTR management to set up an investigation panel to look into the cause of the crash.
The panel will consist of MTR staff members as well as local and overseas experts.
Ma said the company is very disappointed at the performance of the contractor who supplied the new signalling system.
The MTR's operations director, Adi Lau, meanwhile, said staff members are hoping to put the derailed train back on the track on Tuesday, so it can be driven away from the tunnel after service hours.
However, he would not say when he expects services between Admiralty and Central on the Tsuen Wan Line can resume.
Transport Secretary Frank Chan, who also attended the meeting, said it is too early to say if human error or a flawed system was to blame for the collision.
Chan said the administration has ordered the railway company to carry out an in-depth probe, adding that the government's Electrical and Mechanical Services Department will also conduct its own thorough investigation and make public its findings, in order to restore people's confidence in the railway system.
TOPPAN Edge Becomes Japans First Qualified VLEI Issuer
The Global Legal Entity Identifier Foundation (GLEIF) has announced TOPPAN Edge, a subsidiary of TOPPAN Holdings that p... Read more
SFC And Dubais DFSA Partner On Cross-Border Regulatory Cooperation
The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (D... Read more
Toss To Launch Finance Super-App In Australia, Plans Won-Based Stablecoin
South Korea’s fintech unicorn Toss is preparing to launch its finance super-app in Australia before the end of this y... Read more
China Funds Research On Stablecoins And Cross-Border Oversight
China’s largest government-backed research funder has begun accepting applications for studies on stablecoins and the... Read more
XTransfer, CZBank Shanghai Branch Form Cross-Border Finance Partnership
XTransfer has entered into a partnership with the Shanghai branch of China Zheshang Bank (CZBank). The agreement was si... Read more
Brinc Launches VentureVerse Through Acquisition Of OG Club
Brinc, a Hong Kong-based venture acceleration and corporate innovation firm, has acquired OG Club, a decentralised auto... Read more