CE Diffuses Ownership Issue

The land swap of Iec Long Firecraker Factory has been nullified. Chief Executive Fernando Chui On indicated that he has already dispatched the Secretary for Transport and Public Works, Mr.
Raimundo do Rosário, to follow up and ordered the Commission Against Corruption (CCAC) to investigate in order to safeguard the pubic interest. He spoke to reporters yesterday before departing for an official trip to Beijing, according to a report by local broadcaster TDM Chinese Radio.
Mr. Chui said that the SAR Government has collected feedback from the CCAC and the Public Prosecutor’s Office, based on which owners of residential units in properties on plots involved wouldn’t be affected.
“Since the purchase of the units has been registered with the government we have consulted the CCAC and the Public Prosecutor’s Office regarding this case. Based on our [the SAR Government’s] understanding, the final decision to be made will not affect the property owners’ interests.” Mr. Chui said.
According to the CCAC report, the invalidated land swaps involves the premium property price of Kinglight Garden in Taipa building and the land of One Central Residences on the Macau Peninsula.
CCAC investigating
Concerns have also been raised about Li Canfeng, the incumbent director of Land, Transport and Public Works Bureau (DSSOPT) who used to occupy a managerial post in the Bureau when the incident was unfolding. Some question whether he should be excused from the investigation.
Chui Sai On indicated that Li will serve in his current post, with Secretary Rosário supervising; meanwhile, CCAC will investigate whether any corruption took place in the case.
In the CCAC report, the anti-corruption body has investigated the deals surrounding a series of land swaps originating from Iec Long factory.
These land swap deals were proposed by the Baía da Nossa Senhora da Esperança Development Company, a unit controlled by local businessman Sio Tak Hong, and dispatched by then-director of the Land, Transport and Public Works Bureau Jaime Roberto Carion, who was supposedly acting as a representative of the SAR Government.

Business trip
The Chief Executive also commented that the government has noticed the different opinions on renovating the Grand Prix Museum with a budget of MOP300 million and promised that he would further study the case and instruct the Secretariat for Social Affairs and Culture to collect opinions; he might include the project in his Policy Address for next year.
Chui Sai On is going to Beijing to meet with city leader Guo Jinlong, the Secretary of Beijing Municipal Committee, to discuss co-operation between the two cities.
He will also meet with officials from the Hong Kong and Macau Affairs Office of the State Council and the National Development and Reform Commission to discuss the first Five-Year Plan of the MSAR.