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Dr Koh reveals Anwar's intervention when he was Finance Minister |
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Written by zen
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Wednesday, 20 August 2008 10:59 |
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Tan Sri Dr Koh Tsu Koon, the former Chief Minister of Penang has accused Datuk Seri Anwar Ibrahim for intervening a asale of shares in a company when he was the Finance Minister. Dr Koh said that during that time, BFSB (Business Focus Sdn Bhd) bought shares from the Penang Shipping Corporation a company owned by the Penang Development Corporation for RM29million and subsequently failed to pay on time with which Anwar then asked the state government to extend the period of payment.
Koh said “When the company first defaulted in 1998, we wanted to take action but Anwar intervened. He asked us to bagi (give) chance because of the economic crisis. He said the company would be getting contracts from the Government and more businesses, so they would be able to pay When instructions came from higher up, we renegotiated based on trust because Anwar, as DPM and finance minister, would have had a bigger picture of the company’s potential,”
He added that the chairman of BFSB then was Amin Shah, the brother of current BN (Barisan Nasional) candidate at the Permatang Pauh by-election Datuk Arif Shah Omar Shah and that it won’t be fair to tie up Arif Shah with the election. He said “When we took legal action to wind up the company, we had only collected RM20mil. I want to clarify that at that time, Arif Shah was not a director or shareholder in the company. There may be an attempt to tie this up with him and that is not fair. The final amount of RM9mil was not paid after 2000 when Anwar was no longer deputy prime minister and finance minister but when he was in prison. They failed to collect the final sum, so what are they complaining about?”
-Zen, Malaysia Today
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