DAP's Teresa Kok says which Chua claims which usually his land gratefulness of a UYGCC is correct whilst those done by veteran valuers are inaccurate.
SHAH ALAM: It appears which MCA's Chua Tee Yong wears most hats. The latest a single is which of a valuer, claims Teresa Kok of DAP. Kok was referring to Chua's land worth calculation of Ulu Yam Golf as well as Country Club (UYGCC).
On Tuesday, MCA Young Professionals Bureau chief Chua as well as group went to Ulu Yam as well as told a media which a Selangor government-owned Menteri Besar Incorporated (MBI) had acquired 60% of a shares in Ulu Yam Golf as well as Country Club Sdn Bhd for RM4.2 million in 2010.
The residue 40% is held by a auxiliary of Selangor-owned Kumpulan Hartanah Selangor Bhd (KHSB).
Chua also claimed which a Selangor supervision had assumingly paid for a 60% shares during an overvalued price. He pronounced which a asset of a association was usually mountain slant as well as it would usually be worth RM3 million. Thus Selangor supervision has over paid Talamby RM1.2 million.
However Kok, who is a senior state exco, currently rubbished Chua's gratefulness of a shares.
"On Chua's repeated claims which Selangor has over-valued a Talam's land, I instruct to ask whether Chua right away has altered his profession to which of a veteran valuer.
"It seems which all valuations done by a Selangor supervision as well as other approved veteran valuers are derided by Chua as inaccurate. That usually those supposing by him are accurate," she pronounced in a statement.
Kok combined which a truth of a matter! was whi ch a 199 acres of land during Ulu Yam was alienated by a prior Selangor BN supervision to a auxiliary of KHSB.
"Thereafter, a joint try association well known as Ulu Yam Golf as well as Country Club Sdn Bhd was formed in in between a auxiliary of KHSB as well as Talam to develop a pronounced land wherein Talam invested RM4.2 million in to a association as well as controlled 60% of a shares as well as KHSB controlled 40% of a shares.
"However, after a Pakatan supervision came in to power in 2008, it deserted a growth of a pronounced 199 acres of land during Ulu Yam as a pronounced land was personal a category 3 as well as category 4 mountain slope," she said.
"When a Selangor supervision initiated a debt settlement with Talam, KHSB took behind a land as well as refunded RM4.2 million to Talam.
"There was never during any time any grave sale as well as squeeze agreement sealed in in between KHSB as well as Talam upon a pronounced Ulu Yam land," she added.
Kok pronounced she regretted which Chua deliberately chose not to attend a briefing upon Talam's debt yesterday though instead continued to distort a debt recovery exercise upon a Ulu Yam land.
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Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
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