Malaysia People strongly reprimand Selangor PR government for its latest attempt to divert the public attention from Talam’s alleged overvaluation and bail out.
Since MCA Chua Tee Yong exposed the overvaluation and “disappearing” of debt in Talam’s “sweetheart” bail out, Selangor PR government have attempted to bring up other issues to divert the public attention.
This tactic used by Selangor is a dirty and irresponsible political act to fool the people.
Malaysia People demand MB Khalid and his state administration to answer immediately the audit findings highlighted by KHSB, a subsidiary of Selangor GLC which it revealed that RM121 million debt from Talam had been generously waived by the state government but this was not mentioned at all in the Talam White Paper.
Tee Yong: DAP trying to divert attention from Talam issue
LABIS: The DAP is trying to divert public attention from the Talam issue when it made an accusation on a purported land scandal involving the former Barisan Nasional state government in Selangor, said MCA Young Professionals bureau chief Datuk Chua Tee Yong.
“Who forms the state government now? If they found issues or discrepancies, they should report to the authorities because all the information is in their hands.
“The allegations indicate that they are trying to divert attention from Talam transactions,” he said after visiting development projects here yesterday.
Chua was commenting on claims by the DAP on the sale of 24 plots of high-value commercial land purportedly made to Barisan component parties at lower than market prices.
He said a recent statement by Kumpulan Hartanah Selangor Bhd (KHSB) to Bursa Malaysia showed discrepancies in the Selangor Government’s so-called debt recovery exercise involving Talam Corporation Bhd.
He said KHSB indicated there should be further investigation involving the RM121mil that was not mentioned in both the Selangor Government’s White Paper on Talam’s debt and the KPNG audit report.
“This shows that the questions raised on Talam transactions are not wrong because there are many transactions that raise doubts.
“Until today, there are no explanations on the core issues on how they got discounts, how land is chosen and how the prices are quoted and evaluated,” added Chua.
He said the DAP should also scrutinise the Kelantan Government’s transfer of land worth RM318mil to a private company without securing any bond of guarantee.
According to the 2011 Auditor General’s Report, part of the 290ha land was now mortgaged to a bank to secure a RM75mil loan.
On July 3, Chua had questioned how an exercise to recover RM392mil from Talam ended up in questionable deals worth more than RM1bil.
The deals included Talam assets accepted at RM676mil, and a RM392mil grant obtained by Mentri Besar Incorporated to facilitate the debt recovery exercise.