Home Ownership Scheme - Short Piling

Short Piling

In 2000, the scheme was caught up in a short-piling scandal which resulted in the resignation of Housing Authority Chief Rosanna Wong, and a censure for Housing Director Tony Miller. The construction of 2 blocks of Yu Chui Court in Sha Tin was delayed as it had to be demolished and rebuilt at an estimated cost of HK$250 million. The Wai Kee Group was implicated, and some of its companies were delisted from Government projects following the publication of the Strickland Report.

Read more about this topic:  Home Ownership Scheme

Famous quotes containing the words short and/or piling:

    Swift as a shadow, short as any dream,
    Brief as the lightning in the collied night,
    That in a spleen unfolds both heaven and earth,
    And, ere a man hath power to say “Behold!”
    The jaws of darkness do devour it up.
    So quick bright things come to confusion.
    William Shakespeare (1564–1616)

    I hate American simplicity. I glory in the piling up of complications of every sort. If I could pronounce the name James in any different or more elaborate way I should be in favour of doing it.
    Henry James (1843–1916)