Saturday, November 14, 2009

RM8.5mil shares poser

What say you on the issue below?

KLANG: Documents that show PKR vice-president Mohd Azmin Ali and his wife had owned shares worth more than RM8.5mil between 1992 and 1994 have fallen into the hands of an Indian-based foundation.

Malaysian Indian Youth Development Foundation director S. A. Vigneswaran, who obtained the documents three days ago, challenged Azmin and his wife Shamsidar Tahrin to deny the contents of the documents.

“I will send him a letter today to demand an explanation,” said Vigneswaran, the former MIC Youth chief, yesterday.

Explaining how he got the documents, the former Kota Raja MP said a man had handed him an envelope, addressed to him, at his neighbourhood’s guardhouse.

“On going through the documents, all photocopies of receipts, cheques from financial institutions and bank statements, I realised that it was the business dealings of a politician.

“The names of Mohamed Azmin Ali and Shamsidar Tahrin were written on the photocopies of the documents involving two transactions of shares – one worth about RM8.5mil and the other RM800,000,” Vigneswaran said, adding that he believes that the documents referred to Azmin and his wife.

“If these are the business dealings of the Gombak MP, then he needs to explain how he got the money to purchase the shares.

“I want some clarification on the matter for the people’s benefit,” he said.

The Gombak MP could not be contacted for comment.

Vigneswaran said the documents also showed that the shares were from companies like Edaran Otomobil Nasional, Binaan Setegap, Matsushita Electric, Ekran Bhd, United Engineers (M) and Sin Heng Chan.

He also claimed that the documents also showed that accounts from two banks – Bank Islam Malaysia Bhd and the then Malaysia French Bank Bhd – were used for the share transactions.

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