Lim Kit Siang
The Prime Minister, Datuk Seri Najib Razak should benefaction a White Paper to Parliament when it reconvenes upon March 12 to benefaction a supervision case to justify a third bailout of RM840 million for former Malaysian Airlines (MAS) authority Tajudin Ramli as well as reasons for a previous RM12 billion stand in bailouts for Tajudin.
The latest round of bailout revolves around a out-of-court settlement of Tajudin's RM589 million debts which Pengurusan Danaharta Nasional Bhd had performed in a Kuala Lumpur High Court visualisation in Dec 2009.
The Minority Shareholders Watchdog Group (MSWG) described a visualisation as probably a largest total awarded in Malaysian authorised history as well as computed which a total volume would have ballooned to RM840 million as a visualisation allows Danaharta to charge an interest of two per cent over a bottom lending rate upon a superb total from January 1, 2006.
It lifted questions all Malaysians have been asking as well as which contingency be answered by a Prime Minister in Parliament, viz:
What could have stirred Danaharta not to practice a authorised right to pick up a superb amount?
Why a supervision resorted to an out-of-court settlement notwithstanding winning a case in court?
The supervision write-off of RM840 million visualisation debt due from Tajudin would at slightest be a third bailout of Tajudin using open funds, a initial time involving RM1.8 billion bailout of Tajudin in Dec 2000 paying RM8.00 per share for his twenty-nine per cent interest in MAS or some-more than stand in a marketplace price then; as well as a second bailout in receiving over a some RM10 billion waste suffered by MAS after Tajudin's take over from 1994-2000.
What open interests could Najib plead to justify! a third bailout for Tajudin?
It is time for Najib to come purify with Parliament as well as a republic whether there is any law to Tajudin's explain which he was directed by former Prime Minister Dr Mahathir Mohamad as well as former Finance Minister Tun Daim Zainudin in 1994 to buy a determining interest in MAS to bail out a supervision as a "national service" - to partly "bail out" Bank Negara from a RM30 billion unfamiliar exchange scandal in 1992/1993 - as well as which there was an "Overriding Agreement" to indemnify him opposite any waste suffered.
Is it because what Tajudin was a law notwithstanding a rejection by Mahathir which was a reason for a array of Tajudin bailouts, including a current third Tajudin bailout of RM840 million?
If Tajudin's explain is baseless, as asserted by Mahathir, afterwards Tajudin had committed perjury in creation a fake affidavit. Why afterwards had no criminal movement been instituted opposite Tajudin?
Whatever a truth, Parliament as well as a country have been entitled to know a facts especially upon why a Government of Malaysia has to embark upon serve billion-ringgit bailouts of Tajudin after a RM12 billion stand in bail-outs after a disastrous six-year "privatisation" of MAS to Tajudin from 1994-2000!
Read More @ Source More Barisan Nasional (BN) | Pakatan Rakyat (PR) | Sociopolitics Plus |
Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
No comments:
Post a Comment