Chief Minister Inc not subject to audit, says Guan Eng

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At defamation hearing, former chief minister denies that the state investment arm is a one-man show, but says it has no accounts, or board members. defamation

Lim Guan Eng, who is MP for Bagan, with constituents from Ampang Jajar, Butterworth, who attended the hearing of his defamation trial against Gerakan’s Jason Loo.

The sale was conducted by Chief Minister Incorporated, which operates as a private company wholly-owned by the state government. Kek then asked Lim why the land sale was not made public, despite Lim’s own assurance in 2015 that all government contracts with the public sector would be made known. “We cannot announce the project beforehand. If we did that, we will frighten multinational investors, for they will be afraid that we will disclose everything.

Source: News Formal (newsformal.com)

 

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