Corruption and Cronyism! These are the 2 most hated and intolerable political practices in Malaysia!
Last 308 General Election, Pak Lah-led BN was near to the demise of their political life simply because PR had successfully linked BN to the practice of corruption and cronyism. On the contrary, PR preached competency, accountability and transparency and managed to win the heart of the voters.
4 years later, Khalid and his Selangor government are put under the spotlight to prove if they really practise what they preach or it is just an empty promise.
Yes, Khalid and his Selangor exco still owe the People a truthful answer for its RM676 million Talam “bail-out”. Malaysia People had tried week after week to get a truthful explanation from Khalid about the questionable valuation and rationale, but all the efforts are in vain.
Khalid has failed to show the competency in completing and delivering the White Paper as promised 2 years ago and he also failed to answer our 4 questions transparently:
1) Why Selangor government offered “magical figure” of RM181million for Bestari Land when a valuation done by its state-listed company on a similar piece of land came up with only RM81million?
2) Why Selangor government offered RM87.7 million for the allegedly 80% submerged Danau Land, when it was only worth RM30.4 million based on the auction price?
3) Why PNSB was forced to take a supersized RM230 million loan and incurred RM86 million interests to acquire land from Menteri Besar Incorporated (MBI), formerly belonging to Talam, as part of the debt settlement deal?
4) What is rationale of Selangor to incur net loss of RM243.3 million (RM157.3 million overvaluation + RM86 million bank interests) to acquire the impaired lands which have no realisable value and make no difference to the doubtful debt by Talam?
Malaysia People strongly reprimand Khalid and Selangor government for their failure to provide a truthful answer promptly as Malaysia People have the rights to know whether the RM676 million “bail-out” are associated to the corruption and cronyism.
If Khalid and his Selangor exco continue to remain silence and allow Tony Pua to lead the show like a political clown with misleading information, they must be prepared to lose their creditability and power in the coming General Election.
Khalid and his exco may deny that their creditability has completely collapsed in Selangor now but one thing is for sure, their creditability is falling to its lowest as the questionable valuation and the white paper of Talam’s RM676 million “bail-out” remain unanswered.
The fall of Khalid and his Selangor government in next General Election will serve as a lesson to Pakatan Rakyat that Malaysia People do not want to be fooled around by the political clowns and failure to deliver the promise of the accountability, competency and transparency.
PERFECT BAIL OUT PLAN?? (1)
Perfect Bail Out Plan?? (2)
Valuation NEVER approved by SC and Bursa!! A complete lie is revealed!
Selangor government’s valuation is RM100 million more than its subsidary’s valuation?