Take Time To Find The Truth, Frank Chan Tells MTR
"); jQuery("#212 h3").html("

"); });
2018-06-06 HKT 22:32
The Transport Secretary, Frank Chan, has warned against rushing to judgement in the matter of substandard works carried out at Hung Hom Station and called for the MTR Corporation to take the time required to uncover the truth.
He said on Wednesday that the MTR would be required to submit "a very detailed and comprehensive report to the government", but emphasised that this would take time.
"Therefore if they take more time to acquire the information from their main contractor and subcontractor we would allow for that," Chan said.
He cited the need "for us and the entire community to clearly understand what has happened, and whether or not any wrongdoing has been committed".
MTR officials have told the government that they will miss its Thursday deadline to submit an investigation report and need another week to do so.
The problems at Hung Hom Station have sparked criticism of the railway operator's management.
The MTR's chief executive, Lincoln Leong, said the fact that the shoddy work was discovered during routine inspections meant the management system was working, but engineer Albert Lai, from the Professional Commons, said the system had clearly failed.
The chairman of Legco's railways subcommittee Michael Tien says a panel should be set up to look into the matter.
Is Hong Kongs Default Life Insurance Choice A Wealth Drain?
Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more
RedotPay Secures $107M Series B, Total Funding Hits $194M
RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more
91% Of Hong Kong Merchants Lose Revenue To Payment Friction
Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more
Do Kwon Faces Possible Trial In Korea After US Conviction
Do Kwon, the crypto tycoon behind the 2022 collapse of TerraUSD and Luna, caused an estimated US$40 billion in investor... Read more
Startale, SBI Holdings To Develop Japans Regulated Yen Stablecoin
Startale Group and SBI Holdings have signed a MoU to jointly develop and launch a fully regulated Japanese yen-denomina... Read more
KakaoBank Expands In Indonesia Through Superbank Partnership
KakaoBank, South Korea’s largest internet-only bank, is accelerating its global expansion through a deepened partners... Read more
