Thursday, July 5, 2012

Tee Yong: Where’s the White Paper?

KUALA LUMPUR: The Pakatan Rakyat-led Selangor government has come under fire for failing to keep its promise of tabling a White Paper to explain the state's failed debt recovery exercise involving Talam Corporation Bhd.

MCA Young Professionals Bureau chief Datuk Chua Tee Yong said the state government had promised in July 2010 that it would table the White Paper by the end of that year but had yet to do so.

“Is someone trying to hide something? Is there a cover-up? Is that the reason there has been no White Paper until today? “ he asked.

“I challenge the Selangor government to release the White Paper it promised to deliver two years ago.

“It should now disclose all the assets it acquired as well as the valuation method and basis used in justifying the purchases,” he said.

Meeting the press: Tee Yong (third from left) addressing a press conference held to divulge details on Selangor government’s ‘questionable deals’ at Wisma MCA in Kuala Lumpur.

“The state government must explain to the rakyat the acquisition of RM676mil worth of assets and the use of the RM392mil grant which resulted in questionable deals worth more than RM1bil.”

In an immediate response, Mentri Besar Tan Sri Abdul Khalid Ibrahim said he would table the White Paper when presenting the 2013 Budget at the state assembly.

Khalid added that he would respond to the allegations today.

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