Wednesday 4 July 2012

MB: MCA clueless about Talam situation

MCA’s allegation that the Selangor used state funds bail to out Talam Corporation Bhd displays the party's ignorance in understanding the firm’s debt restructuring exercise, said Selangor Menteri Besar Abdul Khalid Ibrahim.

“As I have said recently, we have shown everything we have done as a result of Talam’s restructuring, including the projects we will carry out and the property development we have done.

“It shows how lacking MCA’s understanding of Talam’s restructuring is,” he told reporters at a press conference in Subang Jaya this evening.

NONEEarlier today, MCA central committee member Chua Tee Yong (left) revealed documents alleging that Selangor used over RM260 million to bail out ailing construction firm Talam Corporation Bhd through complicated accounting.

However, Khalid said the state government would only respond in full after a state cabinet meets tomorrow.

“I will give them more time to think it over,” he said to laughs from the reporters.

“Based on what I heard, (the amount) has lessened,” he said, referring to Chua’s earlier boast that he will reveal a RM1 billion scandal affecting the Selangor government.

Khalid also clarified that he expects the white paper on the Talam debt restructuring exercise to be tabled alongside Selangor’s Budget 2013.

“This means we will have a report based on the restructuring of Talam’s debts, what has been done, what will be done, and so on,” he said.

The white paper was supposed to be tabled at the end of 2010 but never materialised.

Talam, once a Klang Valley property giant, owed numerous Selangor government agencies large sums of monies after a series of failed joint-ventures during the previous BN administration.

Upon taking over in 2008, the Khalid administration had embarked on a debt restructuring exercise to buy over RM392 million in debts.

1 comment:

  1. PLEASE ALL MCA MEMBERS FAR FROM YIP KUM FOOK!
    请远离马华党员 叶金福!

    敬爱的马华公会中央领导層,
    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.

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