LABUAN MP SAYS NO LONGER A BANKRUPT




LABUAN : Labuan Member of Parliament Datuk Haji Yussof Haji Mahal pronounced he has been cleared of failure over a RM16 million loan due to a Sabah Development Bank (SDB).

This means a way is clear for his probable defending a seat in a entrance election. He pronounced he had been released with a minute dated 12.12.12 by a Department of Insolvency declaring him as no longer a bankrupt.
"The minute stated obviously that Yussof garbage bin Mahal is longer a broke underneath Section 38 (1) (C) Bankruptcy Act 1967," he said, in a statement.

Yussof had appealed to a Sabah as well as Sarawak High Court to have his failure sequence set in reserve as well as a box was ostensible to have been listened final November though there was no serve application.
Meanwhile, Yussof pronounced Labuan Federal Territory is relocating towards developed standing in tandem with inhabitant growth albeit during a delayed pace, contrary to opposition claims as well as sure quarters.

He rebuffed allegations that many ongoing growth projects have unsuccessful or were becoming "white elephants". "We have been in a statute government as well as you know a projects whether or not upon schedule, behind report or forward of schedule, these projects have been for a people as well as a island as a whole," he said.

He cited a RM3 billion oil as well as gas plan underneath a Economic Transformation Programme (ETP) whose execution was reported to be still capricious due to sure circumstances.

< div> "The RM3 billion projects will proceed, though it is a matter of technical issues to be tackled among investors as well as a landlord," he said.

The Federal Territory as well as Urban Wellbeing Ministry as well as Labuan Corporation have been usually functioning as facilitators for a project.

The RM37 halal placement hub plan was also touted as a white elephant project. "The plan is ongoing, as well as of march you have yet to see a results until it is entirely completed.

"We should not jump in to conclusion as you have not seen a prolonged term plan of a project," he said. Likewise, Yussof lashed out during sure quarters' claims that trouble could be a means of MISC vessels being destroyed by a glow that cost five lives recently.

"There had been speculation it could be due to lightning.

We cannot simply pretence a means of a situation was due to carelessness.

"This is what had happened to a Wawasan Perdana ro-ro packet burnt recently. Though no a single hurt, it was over a control.

We can assume, it could be carelessness, though a Labuan Ferry Corporation Sdn Bhd as a operator, could not confirm it was his men who were careless. No a single would like to have such situation to happen, as it would usually move waste to us," he said.

"We, in a government always give priority to reserve of a people as well as its surroundings. Despite a fact a industries such as oil as well as gas is peerless to a island," he said.

On a 50 per cent bonus since to passengers as well as vehicles owners plying Labuan-Sabah as well as Sarawak, he said, it was a gift to consumers who had been hit by a rising goods prices due to a double travel charges.

"We lifted a issue in parliament as well as fi! nally a Prime Minister listened to a grievances as well as a 50 per cent bonus to consumers upon a island," he said.

"The issues that have been severe my credit as a leader includes a escalating goods prices due to travel charges that had been resolved with a 50 per cent discount, a Islamic Religious Secondary School that had proposed its enrolment, additional packet operators also proposed its operation during hari raya final year.

"I thank a village heads as well as people of Labuan who had been with me ever since a issues cropped up," he said. (DE)
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