Upon completion of the investigation by the CCAC, the President of the Board of Directors and a member of the Executive Committee of the Macao Trade and Investment Promotion Institute (IPIM), together with a department chief of the Pension Fund (a former chief of the IPIM’s Residency Application and Legal Affairs Division), were transferred to the judiciary yesterday, owing to their alleged commission of duty-related crimes in the process of vetting and approving the applications for immovables investment immigration, major investment immigration and technical immigration. With the intervention of the competent judicial body, compulsory measures have been imposed on the aforesaid suspects, including suspension of public office and restriction from departure.

The CCAC will announce the progress of its investigation when appropriate.