SFC urged to release PCCW probe results
09-02-2009
The Securities and Futures Commission has been urged to release interim results of its probe into PCCW's privatization bid. Minority shareholders had last week voted to approve the $15.9-billion deal but the securities watchdog is now investigating allegations of vote-buying. Speaking on RTHK's City Forum, DAB lawmaker, Starry Lee, accused the SFC of dragging its feet on the probe. She said the Commission should announce its preliminary findings as soon as possible -- before the High Court holds a hearing on 24th February on whether to approve the privatisation.
