The Democratic Party criticised the Government for inadequate supervision over the restructuring of China Light & Power (CLP).
The principal assistant secretary for Economic Services, Li Kwok-tso, told ousted legislators Fred Li Wah-ming and Sin Chung-kai yesterday that he did not know the plan until it was reported in the press on Monday.
CLP is to establish a new holding firm in Hong Kong and separate its regulated operations from the non-regulated ones, such as power projects on the mainland and elsewhere in Asia. The reorganisation will cost $370 million and CLP has promised not raise electricity charges to cover it.
'I'm surprised to hear that he didn't know it until reading the newspaper,' Mr Fred Li said.
'What makes me worried is that the Government seems to trust them totally. They don't have a very good record,' Mr Fred Li said.
Mr Li Kwok-tso said he would consider their views at next month's interim review.
