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The government submits the National Security 8 billion expenditure report and does not disclose the details. The National Security Agency is guaranteed by the central government.

2021-10-20T06:46:22.120Z


At the beginning of this year, the "Budget" allocated 8 billion yuan for the maintenance of national security in the next few years. The "Minato National Security Law" stipulates that expenditures are not restricted by the current laws, and the National Security Commission is not subject to any agency interference. Work information


At the beginning of this year, the "Budget" allocated 8 billion yuan for the maintenance of national security in the next few years. The "Port National Security Law" stipulates that expenditures are not subject to current legal restrictions, and the National Security Commission is not subject to any agency interference, and work information is not disclosed. Therefore, the specific details of the funding have been lacking.


The Office of the Financial Secretary submitted a report to the Legislative Council today (20th) on the "control and management" of funding in accordance with the "Minato National Security Law".

The document is less than two and a half pages long, and more than half of it contains the background. The report mainly reiterated that the details and compilation of national security expenditures are highly confidential and will not be made public.


The Financial Secretary has reviewed the independent audit report

The report mentioned that the Secretariat of the National Security Commission has a dedicated accounting and finance team that reports directly to the Financial Secretary.

The Director has reviewed the independent financial statements made by independent auditors on the use of funds in accordance with the "Hong Kong Standards on Auditing", and knows that the independent auditors agree that the statements are prepared in accordance with the "Minato National Security Law".

The report reiterated that the National Security Commission is under the supervision and accountability of the central government and has a secretariat; the Police Department and the Department of Justice have established the National Security Department and the National Security Criminal Prosecution Department respectively.

The funding arrangements have been strictly in accordance with the relevant provisions of the "Minato National Security Law", divided into recurring and non-recurring expenses. The former includes salaries and allowances, special service hire costs, rent, other operating and administrative expenses, etc.; the latter includes minor construction projects, Special equipment, system settings, machinery, and other capital expenditures.

According to the report, the funding does not involve the funding of the National Security Agency of the Central Government in Hong Kong, and the funding is guaranteed by the central government.

The Office of the Financial Secretary emphasized that independent auditors will ensure that the accounts and financial statements prepared by the District National Security Committee are accurate and proper, and comply with reasonably applicable accounting standards, so as to strengthen supervision.

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01News

Source: hk1

All news articles on 2021-10-20

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