Talam deal: Chuas five questions for Pakatan
MCA's Chua Tee Yong continues his attack on a Selangor government, insisting which there is something unlikely during a back of a state's exchange with Talam Corporation.
FULL REPORT
KUALA LUMPUR: MCA one after an one more a attacks opposite a Selangor supervision today, insisting which a PKR-led state as well as a allies are perplexing their best to cover up a Talam Corporation issue.
MCA Young Professionals Bureau authority as well as Agriculture as well as Agro-Based Deputy Minister Chua Tee Yong currently pronounced a Talam understanding has combined "more questions than answers".
Despite being ridiculed as well as facing a lawsuit threat from a state, Chua showed reporters a copy of a state assembly Hansard from 2010-2011, observant which it showed inconsistencies in Pakatan's answers to date.
Chua then listed 5 questions which he longed for a state to answer:
- Despite dual years of being concerned in a Talam deal, a Selangor supervision has not provided an reason on a possible overpayment of a sum of RM99 million on dual land deals (Bestari Jaya land allegedly purchased for RM42 million on top of market worth as well as purported overpayment of RM57 million for Danau Putra land based on a auction price).
- Why did a Pakatan Selangor supervision decide to purchase land which has potential complications or singular commercial worth (that is, mining pond, land submerged underwater, land formidable to find prospective buyer, entangled in court box etc)?
- In 2010, Selangor supervision owed Talam RM30million (as seen in a Hansard of Nov 9, 2011) t! hough un expected in 2012 (after MCA's questioning), a state disclosed which RM80 million was not collected from Talam yet. What is happening as well as because is this usually being disclosed now?
- Why is a White Paper (on a Talam deal) not finished by 2010 as promised by Selangor supervision when a 2010-2011 Hansard indicated which there were no problems?
- Talam gratefulness is not approved by Bursa or a Securities Commission. As such, did a Selangor supervision make use of a state valuer to establish a cost for any of a resources acquired instead of relying on Talam valuation?
"Obviously, these questions show a lack of competency, transparency as well as accountability in a total deal. The Pakatan supervision has shown which it has not over all of a obligations or promises finished to a rakyat of Selangor," he said.
Chua claimed which a Hansard additionally indicated which there was no state gratefulness of a item as well as land deals which he had raised, as well as there was usually a gratefulness finished by Talam itself.
"The Hansard does not yield answers as to either valuations by a state have been conducted on any item purchased or if a total
assets should have been purchased during RM676 million or lower."
No to debate
Meanwhile, on a challenge by DAP broadside arch Tony Pua to discuss Chua, a Labis MP again declined to take it up, arguing which a make a difference could be wholly "resolved" if Selangor state would come up with a White Paper.
"It's not about me winning any discuss All these [questions] are supposedly answered in a White Paper."
"From a time a Talam questions were raised, you got many different responses as well as a lot of changeable of goalposts. At initial they say, 'don't worry you will list [the White Paper] by year-end'. Then they say they will sue MCA. Then they say they will designate accounting firms. Then you have parties saying, 'strip MCA naked'. Then they say debate?" Stressing which MCA was "asking applicable as well as current questions", Chua hit out during Pua, saying: "If DAP has all a answers, then please assistance Pakatan complete a White Paper. MCA is asking applicable current questions."
Chua pronounced which he found it funny which a Selangor supervision itself has not been able to answer his queries as well as needed "outside outmost consultatnts".
'Sidestepping genuine issue'
On Pua's press conferences currently observant which Permodalan Negeri Selangor Bhd (PNSB) is "thriving" underneath Pakatan, Chua pronounced which Pua was sidestepping a genuine issue.
"I was talking about a dual lands which PNSB was forced to buy; did Pua talk about that? Did he talk about a liabilities? Showing which PNSB is creation money is an one more make a difference entirely."
However, Chua cheekily "thanked" Pua for "confirming" which PNSB did take a loan of RM230 million.
"Let me remind them which there is an one more RM220 million which PNSB would have to compensate for a RM450-million land. How did they compensate for that? Was it paid during all?"
Since Jul 3, Chua had embarked on a array of expos alleging which a state supervision had presumably used RM1 billion in public funds to bail out Talam.
First, Chua had purported which a state lied about wholly recovering a RM392 million debts when it "did not".
He had questioned because in serve to a RM392 million extra budget passed in a State Legislative Assembly in 2009, an one more RM676 million worth of reso! urces we re purchased from Talam to serve support a then bum company.
In subsequent press conferences, Chua additionally purported which a Selangor supervision paid RM181 million for a piece of land worth RM139 million in Bestari Jaya in 2010.
Supersized loan
Chua additionally indicted a PKR-led state supervision of overpaying Talam by RM57 million in appropriation 134.34 acres of land during Danau Putra in 2010.
He claimed which a state paid RM87.7 million for it when a land, which was additionally allegedly 80% submerged in water, was usually worth RM30.4 million.
State Barisan Nasional coordinator Mohd Zin Mohammed has pronounced which he possessed papers to back up Chua's claims on Bestari Jaya.
Chua had additionally purported which PNSB was forced to take a supersized RM230 million loan to take land from Menteri Besar Incorporated (MBI), before belonging to Talam, as part of a debt allotment deal. This RM450-million purchase, he claimed, caused PNSB to be saddled with a huge debt in 2010.
Calls, led by Chua, have been finished for a Selangor state to fulfil a guarantee finished dual years ago to list a White Paper on a matter.
In response, Selangor Menteri Besar Khalid Ibrahim pronounced a state planned to sue MCA over a allegations.
He additionally pronounced which he would designate eccentric accounting firms to examination a debt-restructuring practice as well as a White Paper would be presented during a tabling of state's Budget 2013 by a finish of this year.
In a meantime, Talam (now Trinity Corporation) had additionally denied allegations which it sold land to a Selangor state supervision during on top of market value, indicating out which a gratefulness fell underneath a scrutiny of a Securities Commission's Assets Valuation Department.
Pua has taken it on himself to "debunk" Chua, observant which a Talam understanding i! s not a scandal though essentially "a covenant as well as showcase of good governance, competency as well as accountability by a Pakatan state government".
Other opposition friendly parties have additionally noted which Chua's expos reveals which BN had finished zero about a pronounced debts when it tranquil a state.
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