Wednesday, 4 July 2012

Selangor says taking MCA to court over Talam claims

SHAH ALAM, July 4 — Selangor will sue MCA and all parties that have accused the state government of misusing RM1 billion in public funds, Tan Sri Khalid Ibrahim said today.

“Selangor will take legal action against MCA. The state executive council has decided to sue MCA and those who have made accusations against the state government with regards to the RM1 billion misappropriation.

“The decision to take legal action is because it is not only untrue and serious, but it has tarnished the good name of the Selangor government, Mentri Besar Khalid told reporters.

He declined to comment further, saying he has been advised by his solicitors to refrain from doing so until the matter has been addressed in court.

Khalid yesterday defended Selangor’s buyout of Talam Corporation Bhd’s debts two years ago, saying the restructuring of the troubled property developer’s debt restructuring was done “with basis”.

“Like I said we have shown what we have done in regards to the restructuring of Talam… we do not do something without basis,” he told reporters here.

Khalid said his administration will release a “white paper” on Talam Corp’s debt restructuring plan at the end of this year, during the Budget 2013 presentation.

MCA Young Professionals Bureau chairman Datuk Chua Tee Yong said yesterday Khalid’s administration had bought over Talam Corp’s RM676 million assets to clear Talam Corp’s outstanding debts.

The Selangor state assembly approved a supplementary budget of RM391 million for Mentri Besar Incorporated (MBI) in November 2010 to buy over Talam Corp’s debt incurred after several failed real estate ventures with state agencies.

Talam Corp, now known as Trinity Corporation Berhad, had owed Universiti Selangor (Unisel) and Permodalan Nasional Selangor Berhad (PNSB) RM277 million. It had also owed SAP Holdings — a subsidiary of listed company Kumpulan Hartanah Selangor Berhad (KHSB) — RM115 million.

The property developer’s annual report in 2010 stated that Selangor also purchased assets worth RM284 million from the company in addition to recovering its RM392 million debt, or a total of RM676 million.

Chua claimed that Talam’s debts with the state companies were still outstanding, and produced KHSB’s 2012 annual report as evidence.

“Based on KHSB’s annual report, it shows RM115 million is still outstanding from the Selangor government. This shows that no payment was received by KHSB, the state company,” Chua said yesterday.

“Unisel has also not received any money. There is no need for Unisel to sell assets to raise RM30 million for its usage if they did receive money from Talam Corp,” he added, referring to Selangor’s announcement last month that it would liquidate assets to help Unisel students whose student loans had been frozen.


  1. 请远离马华党员 叶金福!

    现在世界各先进国都盡力保存佛教的文化和保护佛教的僧侶,但马华公会鹅唛區会主席叶金福律师 (Yip Kum Fook, MCA Gombak Chairman) 却反其道而行, 帶一般流垊到佛教埾地(SAMNAK SAMBODHI THAI BUDDHIST TEMPLE, NO: 19 JALAN 38 TAMAN DESA JAYA KEPONG 52100 KUALA LUMPUR, MALAYSIA)試圄摧毁佛教文化, 挑衅和打架, 并电招警方人員要扣留佛寺沙彌, 这种不按佛教條规, 軽视佛教精神的行动, 对世界佛教信徒实有侮辱之举, 的确令人不敢恭维.

    除此之马华公会鹅唛區会主席叶金福律师 (Yip Kum Fook, MCA Gombak)也利用杖势, 連众人朝拜的印度廟TAMAN DAYA, KEPONG, KUALA LUMPUR 放火燒毁把土地佔为已有, 马华公会鹅唛區会主席叶金福律师 (Yip Kum Fook, MCA Gombak Chairman)这种冒犯宗教的不良行为, 已引起廣大的大马人民愤怒而不满, 所以, 在耒屇的大选, 希望马华公会的中央领神, 能深明大義, 对此娄党员, 最好疏薳距离, 以免影响选票, 造成马华公会大大的败北, 遗恨江山此致, 并祝安康, 工作快乐.

  2. In Buddhism, the laity are expected to support the poor. That is to say, they are expected to support the monks, who have taken a vow of poverty. Theravada Buddhism still practices the traditional form of this activity. During the morning, monks take their begging bowls and go out into the community to seek food. Lay people are expected to put what food they can spare into the monks' bowls.

    This simple activity has expanded into the general idea that the laity supports the Sangha in whatever it needs. This includes everything from the things monks need for their everyday lives--such as robes, begging bowls, and so on--all the way up to wealthy people paying to build monasteries, temples. All lay support earns the giver merit.

    The Buddha did not intend to form either a religious or political position, or a philosophy of society. Historically, he lived before the era of organized, systematic theorizing about the human collective. He addressed himself as an individual to individuals. Even when he spoke to large groups, as he frequently did, he focused on individual responsibility. He understood every group - for example, the democratic states that existed in the India of his times – as resting upon the insight, conscience, and actions of each of its participants. He had no theory of, nor belief in, supervening collective structures of society or government that could amend or replace the bedrock of individual choice.

    When I researched internet and I found some articles in Internet about MCA ANTI BUDDHIST at SAMNAK SAMBODHI BUDDHIST ASSOCIATION, TAMAN DESA JAYA, KUALA LUMPUR. That happened with sadness and shameful to the others races and religions, in my religion (Buddhist) not allow any politic party to running inside Temple.

    Hope Mr. Yip Kum Fook will understands what is Buddha teaching and Buddha culture? This also make Buddhist lost of people believed, Buddhist not only in Malaysia, Buddhist is for all human worlds.

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