The Legislative Council has formed a Select Committee to look into the controversy over the Chief Executive CY Leung's acceptance of HK$50 million from the Australian firm, UGL.
The committee was formed by way of a petition, and 28 legislators stood up in the council's chamber in support of it. This means the committee will not have special powers, such as asking for documents.
It has been alleged that Leung failed to declare the money as he should have, and the matter is still being investigated by the Independent Commission Against Corruption.
Later, in a statement issued through the Chief Executive's office, Leung said the Legislative Council need not, and should not, set up a select committee to look into the UGL saga.
He said the agreement with UGL was a standard business agreement, and involved no secret contracts or secret payments.
The CE said he had declared his assets in accordance with the Basic Law before assuming office in 2012.
Last updated: 2016-11-02 HKT 23:21