Koon Swan honored

October 31, 2012

Koon Swan honored for Contributions to Politics as well as Business

by Teoh El Sen@www.freemalaysiatoday.com

Former MCA Chief Tan Koon Swan will be awarded a "Lifetime Achievement Award" for his contributions to governing body as well as business during a 4th World Chinese Economic Forum (WCEF) subsequent month, voiced MCA President Dr Chua Soi Lek today.

Tan will be among seven others to be conferred a endowment during WCEF which will be hold in Melbourne, Australia starting Nov 12.

Congratulating Tan, Chua said:"It is time for what we call redemption. He has left by a really difficult time as well as he deserves a award. The prosecutor in his case has certified to being wrong as well as has exonerated him time has proven which he (Tan) is innocent."

Chua combined which it was high time which Tan, who he described as a "well-known corporate figure", have his hard work as well as contributions recognised.

The Singapore Commercial Affairs Department (CAD) in 1985 slapped Tan with fifteen charges, together with rapist breach of trust (CBT) as well as share manipulation following a collapse of Pan-Electric

Industries, which temporarily halted a Malaysia as well as Singapore batch exchanges. Tan, who had a stake in Pan-Electric, was found guilty as well as locked up dual years. He was MCA President between Nov 1985 as well as September 1986, prior to quitting after a scandal.

Glenn Knight, then Director of CAD, in his recently-launched book, "Glenn Knight: The Prosecutor", apologised to Tan for a "wrongful prosecution". In his words, Tan was "technically an innocent man".

Knight's book was doubtful by Singapore's Attorney-General's Chambers (AGC), which pronounced which Tan's! convict ion stood as well as he stays guilty of a crime which he had certified to.

Others receiving a lifetime awards are Dr Jonathan Choi Chairman of a Chinese General Chamber of Commerce (for Community Leadership); Jannie Chan Vice Chairman of The Hour Glass Ltd & President, ASEAN Business Forum(for Women Leadership);Councillor Ken Ong Melbourne City Council (for Community Leadership); Jenny McGregor Founding Chief

Executive Officer, Asialink Centre, Australia (for Leadership in Asian Studies in Australia); Vincent Lee Fook Long Executive Deputy Chairman, The Star Publications (Malaysia) Berhad(for Media as well as Communications); Vincent Lo Chairman, Shui On Group (for Leadership in Property Sector); Liew Kee Sin President/Chief Executive Officer, SP Setia Berhad Group (for Property Development Leadership).

Meanwhile, Chua pronounced a WCEF, being a initial time hold outside of Malaysia, was a really poignant event for both Asians as well as Western countries.

"The approach to go, as Australia has identified, is to maximize as well as tap in to a flourishing manage to buy of Asia, China, India, Japan, as well as South Korea. It is often pronounced which a centre of sobriety of a manage to buy has shifted from a West to a East.

"The economic expansion in a subsequent couple of years is really certain about this part of a world, rsther than than America as well as European Union, who have not put their house in order. Whereas in Asia, expansion has remained uninterrupted," he said.


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