The Department of Justice has delegated authority to Director of Public Prosecutions Kevin Zervos to handle a matter concerning Secretary for Development Paul Chan, including the decision on whether any prosecution is warranted.

To avoid any possible perception of bias, Secretary for Justice Rimsky Yuen decided Mr Zervos should handle the matter regarding a public complaint made to the Independent Commission Against Corruption about Mr Chan, after satisfying himself that Mr Zervos had no connection with Mr Chan.

As the case has aroused wide public interest, Mr Yuen decided to notify the community as soon as possible on how the department will handle the matter.

As head of the Department of Justice, Mr Yuen will ensure that due and proper processes are observed in the conduct of the case, in strict accordance with the law and prosecution policy.

The Department of Justice has delegated authority to Director of Public Prosecutions Kevin Zervos to handle a matter concerning Secretary for Development Paul Chan, including the decision on whether any prosecution is warranted.

To avoid any possible perception of bias, Secretary for Justice Rimsky Yuen decided Mr Zervos should handle the matter regarding a public complaint made to the Independent Commission Against Corruption about Mr Chan, after satisfying himself that Mr Zervos had no connection with Mr Chan.

As the case has aroused wide public interest, Mr Yuen decided to notify the community as soon as possible on how the department will handle the matter.

As head of the Department of Justice, Mr Yuen will ensure that due and proper processes are observed in the conduct of the case, in strict accordance with the law and prosecution policy.

A double-taxation avoidance agreement between Hong Kong and Kuwait is now in force, the Financial Services & the Treasury Bureau said today. 

The agreement will apply in Hong Kong for any year of assessment beginning on or after April 1 this year.

The pact was signed in May 2010 and came into force on July 24 this year after both sides completed ratification procedures.

Despite a challenging IPO market, Chinese private equity funds returned $3.4 billion back to limited partners (LPs) during the first six months, a 30% jump from the same period last year, according to a report by Asia Private Equity Review. It shows th…