The Commission Against Corruption (CCAC) in a hard-hitting report released yesterday slammed the Macau Trade and Investment Promotion Institute (IPIM) for failing to properly assess applications for temporary residency granted by the institute through its “major investment immigration” and “specialist immigration” schemes.
The latter scheme is for managerial personnel and specialist and professional qualification holders hired by local employers.
The CCAC says in the report that the institute approved temporary residency applications that did not meet the requirements. The report also says that IPIM staff failed to discover fraudulent conduct by some applicants so that their applications were inappropriately approved.
Accompanied by Labour Affairs Bureau (DSAL) officials, Secretary for Economy and Finance Lionel Leong Vai Tac speaks to reporters on the sidelines of yesterday’s inspection visit to the bureau in Areia Preta district. Photo: Joel Chu
