There have been more than "100 caveats" upon a Danau Putra land transferred to a Selangor supervision in a Talam Corporation Bhd debt restructuring deal, MCA central committee member Chua Tee Yong claims.
Zooming upon a 134.34-acre tract for that he had earlier claimed a state had overpaid by RM57.3 million, Chua again questioned Selangor's rationale in usurpation this parcel as a partial of a debt restructuring exercise.
"As such, with as many caveats, why did Pakatan Rakyat Selangor accept this land? These caveats need to be cleared prior to a land is commercial as it is not giveaway from encumbrances," Chua told a press discussion during a MCA domicile today.
According to him, there have been pending "bank charges" upon a land as well as a state's seductiveness in a land was usually stable by a premonition lodged by a state government.
Zooming upon a 134.34-acre tract for that he had earlier claimed a state had overpaid by RM57.3 million, Chua again questioned Selangor's rationale in usurpation this parcel as a partial of a debt restructuring exercise."As such, with as many caveats, why did Pakatan Rakyat Selangor accept this land? These caveats need to be cleared prior to a land is commercial as it is not giveaway from encumbrances," Chua told a press discussion during a MCA domicile today.
According to him, there have been pending "bank charges" upon a land as well as a state's seductiveness in a land was usually stable by a premonition lodged by a state government.
'Clear all bank charges'
"To strengthen a rakyat's interest, a Selangor Pakatan supervision should clear all a bank charges as well as additionally send a land to its legitimate owners," he said.
"This is an additional vivid example of incompetence as well as whoever is a confidant to a menteri besar should be sacked," he said.
Chua, who is a MP for Labis, had earlier purported that a state had overpaid for a land, that consists of four plots that is mostly swamp.
He had insisted that a Selangor super! vision h ad"purchased"the land for RM87.7 million or RM15 per square feet (psf).
However, this has been debunked by Trinity Corporation Bhd, that took over Talam Corporation.
Trinity pronounced a submerged parcel of land was valued during RM93.5 million, or RM15.98psf, by independent valuers after deliberation a cost of RM51.5 million for filling a land with soil.
The association explained that a tract of land totalling 134.35 acres was sold to Selangor during RM87.7 million, or RM15psf, that waslower thanthe original valuation.
Read More @ Source "This is an additional vivid example of incompetence as well as whoever is a confidant to a menteri besar should be sacked," he said.
Chua, who is a MP for Labis, had earlier purported that a state had overpaid for a land, that consists of four plots that is mostly swamp.He had insisted that a Selangor super! vision h ad"purchased"the land for RM87.7 million or RM15 per square feet (psf).
However, this has been debunked by Trinity Corporation Bhd, that took over Talam Corporation.
Trinity pronounced a submerged parcel of land was valued during RM93.5 million, or RM15.98psf, by independent valuers after deliberation a cost of RM51.5 million for filling a land with soil.
The association explained that a tract of land totalling 134.35 acres was sold to Selangor during RM87.7 million, or RM15psf, that waslower thanthe original valuation.
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Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
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