Tony Pua denies making threats against property developer in previous role as finance minister’s aide | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 76 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 86%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

Tony Pua denies making threats against property developer in previous role as finance minister’s aide

KUALA LUMPUR, Dec 7 — DAP MP Tony Pua today denied that he had ever “threatened” the developer of the Exchange 106 skyscraper at the Tun Razak Exchange in his previous role as the finance minister’s aide as alleged, adding that he had never met or spoken with the person in question.

Responding to Dr Mahathir reportedly claiming in the book as saying a “DAP adviser” had threatened a property developer who faced financial problems in a joint venture project with the government to develop a multi-billion ringgit complex in Kuala Lumpur, Pua however said this was a “completely false allegation”.

Pua then explained the events and details relating to the Exchange 106 project in 1Malaysia Development Berhad’s legacy development Tun Razak Exchange, with Exchange 106’s developer being the company Mulia Property Development Sdn Bhd which was part of Indonesia’s Mulia International Group. Pua said Lim was as then finance minister briefed by then Deputy Treasurer-General Datuk Asri Hamidon and TRX City Sdn Bhd officials about the project, including issues involving regulatory compliance and financial irregularities as well as a specific clause in MoF’s shareholder agreement with Mulia.

Pua said the finance minister then decided that all regulatory compliance issues and irregularities are rectified before further drawdowns are released for the project, saying this was “clearly the right thing to do to protect MoF’s 51 per cent interest and the tax-payers’ monies in the project”. “These documents were all presented to Mahathir. The Exchange106 case was also deliberated several times in the Cabinet between November 2018 to May 2019, and occasionally thereafter. Ultimately, the Cabinet fully endorsed the position and actions to be taken by the MoF.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Stupid adviser. Make project duration longer to cut cost? Wakakaka

Kau dgn mahathir sama aje

He must have offended someone's crony...

Of course he'd deny, he's a liar. Tony has nvr met th actual developr but wht abt othr officers frm th company? No matter how he spins this, he was a polsec to a politician, not a govt servant. He has no business going around poking his crooked teeth into govt affairs.

Blame Uturn Critic n Denial always DAP best traits. The Best Traits were LiesFake Manifesto last GE. Then Blamed Critics n Uturn when Failed to materialize the LiesFake Manifesto. With LGE the Stupidest finance Minister ever the Boss.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bursa Malaysia hits 13-month low amid fears of Omicron threat | Malay MailKUALA LUMPUR, Dec 6 — Fears over Omicron’s possible impact on global economic recovery dragged Bursa Malaysia’s key market barometer to its lowest in 13 months today. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 18.29 points or 1.22 per cent to 1,483.45 compared with 1,501.74 at...
Source: malaymail - 🏆 1. / 86 Read more »

EU ministers agree guarantees for low-paid workers | Malay MailBRUSSELS, Dec 6 — EU ministers today agreed measures to better protect wage levels in Europe and give workers more power to oppose low pay. While the proposal does not set an EU-wide minimum wage, once confirmed it would mark a significant step in promoting the European social model, especially...
Source: malaymail - 🏆 1. / 86 Read more »

UK trade minister to seek closer ties on US trip, deal remains distant | Malay MailLONDON, Dec 6 — Britain will seek to strengthen its trading relationship with the United States this week when trade minister Anne-Marie Trevelyan visits New York and Washington, but a full free-trade agreement remains a distant prospect. Trevelyan will meet US Trade Representative Katherine Tai...
Source: malaymail - 🏆 1. / 86 Read more »

Ringgit opens lower against US dollar on Fed rate hike speculation | Malay MailLONDON, Dec 6 — The ringgit weakened against the US dollar at the opening today as investors’ expectations on the Federal Reserve rate hike remained intact and lent some support for the dollar, said an analyst. At 9am, the local note rose to 4.2320/2340 against the greenback from...
Source: malaymail - 🏆 1. / 86 Read more »

Clashes erupt at Brussels protest against Covid-19 rules | Malay MailBRUSSELS, Dec 6 — Belgian police fired water cannon and used tear gas yesterday to disperse protesters opposed to compulsory health measures against the coronavirus pandemic. Around 8,000 people marched through Brussels towards the headquarters of the European Union, chanting “Freedom!” and...
Source: malaymail - 🏆 1. / 86 Read more »

It’s a must win against Cambodia,says football captain Mohamad Aidil | Malay MailKUALA LUMPUR, Dec 5 — National football squad captain Mohamad Aidil Zafuan Abd Radzak says the national squad must pick up all three points against Cambodia in the opening Group B match of the 2020 ASEAN Football Federation (AFF) Cup competition tomorrow. The 34-year-old defender said a win in...
Source: malaymail - 🏆 1. / 86 Read more »