Mega Events Fund chairman to be reappointed despite watchdog's criticisms
New term at Mega Events Fund for Jeffrey Lam despite heavy criticism from Audit Commission
The chairman of a tourism fund is expected to be reappointed for another year despite a government watchdog criticising the fund for mismanagement.
A source said that Jeffrey Lam Kin-fung would be reappointed to the Mega Events Fund after the expiry of his term on Sunday.
The HK$250 million fund, managed by the Tourism Commission, was criticised by the Audit Commission in April for overstating turnouts at events it sponsored.
It was accused of a host of other "irregularities" as well, including failure to chase up event organisers that did not show invoices for their expenses.
"This is like a slap in the face for the Audit Commission," Democratic Party chief executive Lam Cheuk-ting, a former investigator at the city's anti-graft agency, said yesterday.
The source said the statutory body would get a new non-official member on its 10-strong committee, on which three of the members are serving in an official capacity.
