Bid for charges to be dropped in light of Dr M's testimony

The counterclaim in Dr Ling Liong Sik's intrigue trial has practical to send a illustration to a Attorney-General's (AG) Chambers to cruise dropping a charges formed upon a sworn statement by Dr Mahathir Mohamad yesterday as well as today.

Ling's counsel Wong Kian Kheong (left) sensitive this to Kuala Lumpur High Court judge Ahmadi Asnawi as well as asked a justice to empty a dates this week.

"Based upon my client's instructions, we will send a illustration to a chambers in light of a evidence by DW4 (fourth counterclaim declare Mahathir) as well as we will await a outcome.

"Meanwhile, we request for a dates to be vacated until December pending a result of a representation," he said.

Normally, when representations are sent it is for a purpose of a prosecution to reduce or dump a charges, or even, in singular cases, enhance a charges.

Lead prosecutor emissary solicitor-general II Tun Abdul Majid Tun Hamzah afterwards pronounced he had no conflict as well as Justice Ahmadi bound December 4 for mention.

Originally, tomorrow was bound for interrogate of Dr Mahathir by a prosecution.

Tun Abdul Majid (right), when met upon a! sidelin es, told reporters which he was prepared to review a former premier as well as might take dual days to do so, however, there is now this application.

This is a initial time which a 69-year-old Ling has practical for a illustration be sent to a AG's Chambers.

The former ride minister faces a single principal as well as dual pick charges of intrigue a cupboard over a purchase land cost of a Port Klang Free Zone in Pulau Indah.

Accountant: RM2! 1 is cas h price

Meanwhile, during interrogate of BDO Chartered Accountants senior manager director Mok Chew Yin by emissary public prosecutor Manoj Kurup, a declare concluded which RM25 per block feet is a bottom price, while RM21 psf is a money cost as well as which if a land is paid for full in cash, it is valued at RM760 million.

His sworn statement was in contrariety to Dr Mahathir's sworn statement yesterday as well as today, where a former premier told a justice which tohis understanding, RM25 was a money price.

Mok additionally concluded with Manoj which a discounted money flow method was a mode he had used to calculate as well as which thespecial valueof RM21 is already fixed.

Asked by a Manoj, Mok concluded which if a supervision were to shift a conditions such as augmenting or decreasing interests or payments made, a single might ! not nece ssarily get a RM25 bottom price, supposing a single changes a other variables similar to interests as well as repayments.

The declare additionally concluded which RM25 is a rate for pai! d in ins talments remuneration for 10 years.

Mok, however, disagreed to a suggestion by Manoj which a starting worth which a latter distributed did not follow a repayment conditions of a Valuation as well as Property Services Department's (JPPH) calculation.

"Looking at if a land is purchased upon a same day, it would be RM21 as well as a sum of RM760 million will be paid, as well as if RM25, it is RM1.088 billion over 10 years", Mok said.

Manoj:The rate of RM25 is not money value?

Mok:Yes

Manoj:How about a worth if it is paid by cash.

Mok:It is RM21 as well as which there is no some-more paid in instalments payment.

Manoj:Looking at a JPPH report, a land, if purchased today, it would be RM21 as well as a sum of RM760 million is to be paid?

Mok:Yes

Manoj:If RM25 psf is agreed, a amount is RM1.088 billion

Mok:Yes but which does not include interests.

Manoj:The RM25 psf does include interest?

Mok:No

Manoj:Do we determine which a strange cost of a land is RM14.2 psf as well as which a calculation has seductiveness cost in them.

Mok:I do not agree.

Upon re-examination by counsel Yeoh Cho Keong, Mok concluded which his calculation is consistent with which of JPPH.

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