The Executive Council’s convenor came to the rescue of an embattled colleague on Thursday, saying Franklin Lam Fan-keung could not have benefited from advance knowledge of government property measures when he sold two flats last month.
Franklin Lam Fan-keung was an Executive Council member. He obtained his bachelor’s degree in Economics from the University of Manchester and is a founder of HKGolden50, an independent non-profit policy research organisation. During the Asian financial crisis in 1997, Lam served as a part-time member of the Central Policy Unit. He then became a managing director at UBS from 2000 to 2011.