A retired deputy commissioner of the Hong Kong Police Force has sought permission from the Civil Service Bureau to work for a private company, making him the second top police officer to do so in a month.
Alfred Ma Wai-luk is not allowed to take on a new job in the private sector until two years after his retirement in June 2015.
Hang Lung Properties Ltd. (00101.HK) confirmed reports that it is hiring Ma as a consultant for a three-month period, am730 reports.
He is expected to earn as much as HK$250,000 during the period.
The developer said Ma’s experience of more than 30 years with the police department will be valuable to the company.
Ma’s main responsibility will be to review security-related issues in Hong Kong and the mainland as well as write an evaluation report on how to strengthen the company’s security.
Media reported in early May that former police commissioner Andy Tsang Wai-hung, who retired in May last year, is set to join Chen Hsong Group as an adviser.
That has sparked criticism of potential conflict of interest, considering that the two-year lock-up period for him has not yet expired.
The two officers’ applications are awaiting approval from the bureau.
Tsang’s annual pay in his new job is said to be not less than HK$1 million.
Tsang is reportedly receiving a pension of more than HK$80,000 a month, about one-third of his pay of HK$260,000 before he retired on May 4, 2015.
According to rules set by the bureau, retired civil servants who were at top positions are subject to a two-year lock-up period after retirement and thus must apply for permission if they want to work for private companies within the period.
Confirming his application for the post at Hang Lung, Ma was quoted by Ming Pao Daily as saying that he will not be an official employee in the company and he plans to do it in an open and honest way.
Lawmaker Alvin Yeung said Ma, who receives a pension of HK$60,000-70,000 a month in addition to a lump sum of about HK$8 million, had planned to work for Hang Lung long before his retirement, noting that his friendship with the company’s current managing director Philip Chen Nan-lok goes a long way back.
Tsang and Ma are apparently very eager to take on their new jobs even before the lock-up period expires, Yeung said, adding that this has left a bad impression on the public.
Why Andy Tsang’s HK$1 mln payday is looking shaky (May 12, 2016)
Ex-police chief set to earn HK$1 mln a year as adviser to firm (May 3, 2016)
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