Guan Eng: RM30m trust fund to benefit TAR UC and students | Malay Mail

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KUALA LUMPUR, Nov 23 — Finance Minister Lim Guan Eng today said the RM30 million allocation in a trust fund managed by Tunku Abdul Rahman Alumni Association (TAA) is for the benefit of Tunku Abdul Rahman University College (TAR UC) and students of the institution. Lim said the allegation that the...

Finance Minister Lim Guan Eng is pictured at the Parliament lobby, October 15, 2019. ― Picture by Ahmad Zamzahuri

“I want to stress that the allocation of at least RM30 a year in the trust fund handled by TAA is not for saving in a bank account but for use for the benefit TAR UC and its students. The finance minister also explained that the fund could be channelled directly to TAR UC if the institution is no longer controlled by MCA, a political party.

The allocation announced yesterday was approved by members of the Cabinet including Prime Minister Tun Dr Mahathir Mohamad, he said. He said the legal advisor will set up a company limited by guarantee for non-profit purpose and there will be a diverse representation as required.

 

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Never in the history of Malaya/Malaysia that we had a lying, conniving and manipulating piece of S**t as Finance Minister!

Not enough money to upgrade national schools and build hospitals; but always make allocation for Chinese education even before they qualify for funding. Reason to reject DAP style of racism.

He thought tokong is bigger than UTAR, now he is trying to console the angry Chinese with this RM30 million trust fund. The truth is the community would rather lose LGE than hurting UTAR.

That sum is hardly enough for anything

But MCA leaders must go out?

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