HK Legco fire set for finance chiefs after holidays

Legislator Raymond Ho Chung-tai said the Legislative Council probe on the Lehman Brothers minibonds saga will restart after the Lunar New Year.

Monetary Authority chief executive Joseph Yam Chi-kwong and Secretary for Financial Services and the Treasury Ceajer Chan Ka-keung will be the first officials to be summoned, Ho said.

They will be followed by Financial Secretary John Tsang Chun-wah and Securities and Futures Commission chief executive Martin Wheatley.

Ho expects the hearings to last six to nine months.

http://www.thestandard.com.hk/breaking_news_detail.asp?id=11714&icid=3&d_str=20090109