Proton-DRB deal part of a larger land grab exercise?



A conspiracy inside of a top echelon of a federal government as well as its investment arm Khazanah, plots to send profitable as well as vital parcels of land to a control of internal business aristocrat Syed Mokhtar Al-Bukhary, claims a DAP.

scah uuca speak 141205 liew chin tong"The ultimate squeeze of Proton by DRB-Hicom gives Syed Mokhtar control over profitable land in a form of a company's 250-acre Shah Alam plant, as good as alternative resources of that a book-value is low as well as not revalued," its ubiquitous secretary Liew Chin Tong(right)said in a statement today.

Liew additionally mentioned alternative cases that he believes have been of a same vein:
  • Syed Mokhtar's takeover of Pos Malaysia in April 2011, means he effectively controls acres of land around a country, currently vested with a Federal Land Commission.
  • Syed Mokhtar is additionally posterior KTM that owns even a bigger landbank nationwide.
  • Syed Mokhtar-owned MMC Corp is additionally a MRT "project smoothness partner" that will concede him a usage of vital land in a Klang Valley.
NONEGoing by a list of companies of vital as well as inhabitant interests that fell in to Syed Mokhtar's(right)hands, Liew claims that a tycoon's flagship enterprises MMC Corp as well as DRB-Hicom have been concerned in a far-reaching form of nationally vital sectors as well as industries; from multi-billion defence contracts to rice as well as sugar, to ports as well as independent power generation plants.

He claimed that a office worker is addit! ionally staid to come in a telecommunications zone around visitor Puncak Semangat, that has been reported to be among a biggest winners of 4G spectrum allocations.

"It begs a subject whether there exists a conspiracy during a top echelon of a Federal Government to send assets, es! pecially land, to a hands of Syed Mokhtar in a event of a change of government in a next ubiquitous election.

"Prime Minister Najib Razak who is additionally financial apportion contingency explain a government's in front of on this matter," added Liew.

As during press time,Malaysiakini's attempts to hit DRB-Hicom for comment have been unfruitful.
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