真道校長 用學校錢買樓,買股票入自己"袋???

ANChan59

Don't just listen to TVB's news, refer to the audit report as listed.

http://www.aud.gov.hk/pdf_c/c55ch02.pdf

ANChan59

原帖由 chei05 於 10-11-17 23:40 發表
are you wroking in this school- staff ? why not trust TVB's news, I trust TVB will checked clearly before they announce this news, and this report not show clearly the details, and too complicated det ...

Clam down, don't pointing finger before verification. If you read my other posts, I am strongly against those schools talking IB approach for years, definitely you know I am not a staff or parents of Logos.

If you don't understand the audit report or too lazy to read it, just go to the section 5.41 related to the DSS school using HK$10M to buy 3 properties. (page 44)

購置物業
5.41 在二零零六至二零零九年期間，有一間學校動用1,000 萬元非政府資金購置了三項物業，作為以英語為母語的英語教師的員工宿舍。審計署發現：
(a) 在上述三項物業中，有一項物業是於二零零六年八月購置，事前未經校董會審批。校方於二零零七年三月就購置該項物業取得事後批准；
(b) 學校並非該三項物業的註冊業主。物業以校監和校長的名義註冊；兩人簽署信託聲明，申明以受託人身分持有該等物業。教育局於二零一零年九月回覆審計署的查詢時認為，上述信託安排並不恰當， 原因如下：
(i) 信託聲明並非以書面形式的文書設立；
(ii) 其中一份信託聲明沒有盡速提交印花稅署評定印花稅額；
(iii) 所有信託聲明皆未曾在土地註冊處辦理註冊；及
(iv) 校董會成立後，該等物業理應盡快移交校董會；

Definitely, they either made honest mistake or point of views, but not necessary cheating.

Buy and hold shares not necessary related to Logos.

The above only demonstrate TVB news 無線新聞
是是但但 , if you trust them, sorry I can't help.


I enjoy to guess those school names.

ANChan59

原帖由 chei05 於 10-11-17 23:40 發表
are you wroking in this school- staff ? (Most common quote in HK.) why not trust TVB's news, I trust TVB will checked clearly before they announce this news (How do you know they did?), and this report not show clearly the details, and too complicated det ...

Clam down, don't pointing finger before verification. If you read my other posts, I am strongly against those schools talking IB approach for years, definitely you know I am not a staff or parents of Logos.

If you don't understand the audit report or too lazy to read it, just go to the section 5.41 related to the DSS school using HK$10M to buy 3 properties. (page 44)

購置物業
5.41 在二零零六至二零零九年期間，有一間學校動用1,000 萬元非政府資金購置了三項物業，作為以英語為母語的英語教師的員工宿舍。審計署發現：
(a) 在上述三項物業中，有一項物業是於二零零六年八月購置，事前未經校董會審批。校方於二零零七年三月就購置該項物業取得事後批准；
(b) 學校並非該三項物業的註冊業主。物業以校監和校長的名義註冊；兩人簽署信託聲明，申明以受託人身分持有該等物業。教育局於二零一零年九月回覆審計署的查詢時認為，上述信託安排並不恰當， 原因如下：
(i) 信託聲明並非以書面形式的文書設立；
(ii) 其中一份信託聲明沒有盡速提交印花稅署評定印花稅額；
(iii) 所有信託聲明皆未曾在土地註冊處辦理註冊；及
(iv) 校董會成立後，該等物業理應盡快移交校董會；

Definitely, they either made honest mistake or point of views (Definition of complete trust, because of stamp duty..... ), but not necessary cheating.

Buy and hold shares not necessary related to Logos.

The above only demonstrate TVB news 無線新聞
是是但但 , if you trust them, sorry I can't help.


I enjoy to guess those school names.

ANChan59

原帖由 眼超超 於 10-11-18 00:38 發表
thank you for sharing, the report was so details.

You are welcome.

I watched most TV news channels tonight, only TVB disclosed Logos. I further chased headlines of Apple Daily, we all know their style of reporting, amazingly, very simple statement and provide a link of the complete audit report, so I read through the report and see so many gaps to draw a wrong conclusion against Logos.

ANChan59

I may know principal (b) & (c), but  no clue of (a) & (d), can be more than one principal.

It's fun....

ANChan59

The objective of the audit is review the performance of EDB on DSS school compliance. Now, we all target the XXX school and not the EDB.

Also, AD only auditted 4 DSS schools and not all of them. Interestingly, EDB so confused that not all contract with schools stated that AD can audit their schools.

AD reviewed the DSS schools comply to the policy, guidelines and procedures or not and they won't comment the policy, guidelines and procedures are reasonable or appropriate. I suggest interested parents can listen RTHK1 千禧年代.

ANChan59

原帖由 k.kung 於 10-11-18 13:32 發表
先不理會事件是發生在那一間學校。

作為校長, 事前未經校董會審批就私自動用學校資金買物業, 用自己名義作為物業持有人。 跟一個不成實股票交易員有何分別? 這個交易員私下動用客人戶口的錢, 然後去買股票, 再將股 ...

Technicality..... Co-owned by principal and supervisor as the SMC not formed yet.

If you have time read the report or the Chinese part of the post you refer to and lsiten to RTHK1 千禧年代this morning. The guideline from EDB is questionable, listen to Leung Ga Wing's comment.

[ 本帖最後由 ANChan59 於 10-11-18 13:50 編輯 ]

ANChan59

If SMC not form yet , so.....

ANChan59

原帖由 thomasha 於 10-11-18 16:40 發表

Do you know when the SMC was formed? (Sorry, no idea.)

Another interesting question is, who represented "校方" that ratified the purchase of the property in March 2007?  The SMC or another body?  How independent was  ... (At least, they need to clarify.)

ANChan59

原帖由 judy 於 10-11-19 16:01 發表


炒樓炒股何罪之有，投資而己。依家邊間大學冇參與炒樓炒股，大學得，中學點解唔得。政府夠有大把錢，如果佢剩係識擺银行，唔俾罵死オ怪。

問題在於有冇經法定程序、是否公法，是否有利益冲突等等。恒商有2亿幾，唔通只可存銀行 ...

Fair comment

ANChan59

購置物業
5.41 在二零零六至二零零九年期間，有一間學校動用1,000 萬元非政府資金購置了三項物業，作為以英語為母語的英語教師的員工宿舍。審計署發現：
(a) 在上述三項物業中，有一項物業是於二零零六年八月購置，事前未經校董會審批。校方於二零零七年三月就購置該項物業取得事後批准；
(b) 學校並非該三項物業的註冊業主。物業以校監和校長的名義註冊；兩人簽署信託聲明，申明以受託人身分持有該等物業。教育局於二零一零年九月回覆審計署的查詢時認為，上述信託安排並不恰當， 原因如下：
(i) 信託聲明並非以書面形式的文書設立；
(ii) 其中一份信託聲明沒有盡速提交印花稅署評定印花稅額；
(iii) 所有信託聲明皆未曾在土地註冊處辦理註冊；及
(iv) 校董會成立後，該等物業理應盡快移交校董會；

No need to speculate, just refer to the audit report.

[ 本帖最後由 ANChan59 於 10-11-20 22:38 編輯 ]

ANChan59

The use of school money for high risk investment may not related to Logos.

Also in the audit report, AD only challenged the risk level of funds and HK stocks. If the said money come from like the sponsor organization, like HKCC, they are fine and that's why the investment rolled from HK$50M to HK$220M......

ANChan59

原帖由 littlefaith 於 10-11-21 19:32 發表
ANChan59：

雖然我一向對閣下只看數據來評價真道IB發展，不以為然。但我也不得不佩服閣下，是非分明，謝謝你﹗

Thanks for your remark. Friend of Logos.......... it's a + or -  I am political incorrect???

I like fact base discussion, we can get away from emotion and see the picture clearly.

ANChan59

原帖由 Naurto 於 10-11-29 11:40 發表
剛聽新聞, 原來教育局是有招聘教師條例, 不能關門自己請教師, 好像這事已relate to ICAC........

Eventually, there are many ways to recruit staff nowaday, so procedure may not be an issue. The key issue is all recruitment records are disposed and couldn't be auditted by AD.

ANChan59

原帖由 cow 於 10-11-29 13:37 發表

課室來自西貢及赤柱的殺校.

Even there are some available schools close to existing school, two premises, need more than one team of supporting staff to run it smoothly. It's not practical in realty.

In Stanley, it's a joke......

ANChan59

原帖由 Naurto 於 10-12-1 00:17 發表
丘校長上電視都認自己唔太懂管數啦.....不過23條要一一修補也需時啊。其實他把真道搞得咁大, 到底會考是什麽成績 ?為什麽不公佈布呢 ? 又話獵頭公司找人才, 又話沒有 salary 機制. 真道老師看了會怎樣想 ? 成間學校 ...

Now, very interesting. The statements or comments about LA from Michael Suen and PY are contradicting, so one or both of them telling lies. The Public Accounts Committee should call PY to participate the hearing and confront with MS, so we may know who is best actor...... and or liar.......