Hong Kong faced disaster if money was used to buy power or power was used to create wealth, chief executive contender Tung Chee-hwa warned yesterday. Under the Basic Law, legislators could impeach the chief executive over malpractices such as abuse of power, he said. 'It is inconceivable, given the degree of our transparency, that a chief executive can be involved in this sort of thing without the knowledge of other people. 'If it happens to Hong Kong, it will really be a disaster. It should never be allowed to happen,' Mr Tung said after a closed-door meeting with the Hong Kong General Chamber of Commerce. He said the current system worked well. 'The rule of law is very clear; the process within the Government looks at all these commercial transactions, whether it is the scheme of control, special treaties for land and so on.' Nineteen questions were raised by council members, ranging from the provisional legislature, civil service, price of land, housing, social welfare, imported labour to economic issues and British titles. Other topics included whether the mainland might be tempted to express too many opinions, too forcefully. Mr Tung was stumped, however, when asked 'to whom in China the future chief executive would report'. The questioner, Joop Litmaath, said Mr Tung admitted he did not know the answer. But members were assured he would know if he was chosen for the top post. Mr Tung is expected to set up his campaign office at the weekend and announce his political blueprint towards the end of next week. Democratic Party legislator Lee Wing-tat and several district board members yesterday petitioned Mr Tung's office in Wan Chai. They expressed disappointment about his refusal to attend a forum on the Governor's last Policy Address. The petition was received by one of his aides, but the shipping tycoon met the petitioners in the lift as they left his Harbour Centre office. Mr Lee said: 'The public should not be ignored just because they have no votes in the Selection Committee.'