It has been reported in the press today that Sime Darby has filed civil suit against its former CEO Datuk Seri Ahmad Zubir Murshid and 4 others for RM338 million. It seems from the press reports that Sime Darby did not seek relief for a Mareva Injunction whereby all the movable and immovable assets (i.e. properties, shares, money in the bank accounts and etc) of all the Defendants will be frozen in order to preserve all the assets of the defendants pending the disposal of the said civil suit. Continue reading “Minister of Finance II must table the Sime Darby’s forensic reports in Parliament”
During the debate on one of the Bills involving Ministry of FInance. I questioned the Deputy Minister of Finance, YB Senator Donald Lim with regards to the Ministry of Finance’s decision to keep the Dime Darby’s Forensic Reports secret. I reminded the said Deputy Minister that the Minister of Finance II, YB Datuk Husni, has promised me in the last session of Parliament that when the Sime Darby Forensic Reports are completed it will be tabled in the House. But the Ministry of Finance had failed to do so. Continue reading “16 December 2010: Minister of Finance II had failed to carry out his promise to table the Sime Darby’s Forensic Reports in Parliament”
Update mengenai kes tanah Bukit Kiara terlibat RM36 juta diskaun “diberikan” kepada Sime Darby oleh DBKL!
Pada petang 01 Disember 2010 saya telah membangkitkan masalah-masalah terlibat DBKL dan Kementerian Wilayah Persekutuan dan Kesejeteraan Bandar semasa membahaskan Bajet 2011 peringkat Jawatankuasa di Dewan Rakyat Raykat.
Objektif-objektif utama Kementerian adalah:
- Mempertingkatkan keberkesanan dan kecekapan system penyampaian perkhidmatan melalui pendekatan hands on, mesra rakyat, penggunaan ICT yang meluas dan pewujudan one stop centre;
- Meminimakan masalah kemiskinan di Wilayah Persekutuan melalui program-program yang boleh meningkatkan tahap pendapatan penduduk; dan
- Untuk menggubal, merancang dan melaksanakan dasar-dasar pembangunan fizikal insani berteraskan nilai dan budaya Malaysia untuk menjadikan Wilayah Persekutuan sebagai Bandaraya yang bertaraf dunia.
(To be updated later)
How about Kuala Lumpur Golf and Country Club (KLGCC) which was occupying a piece of land in Bukit Kiara of about 60 acres which belonging to DBKL for many years? The said piece of land has been used by KLGCC for free for many years and it was was only been paid for by Sime Darby recently for a about RM400 to RM500 millions. Sime Darby had to also pay to DBKL another RM40 millions as some form of royalty payment. I am informed that the actual sum paid to DBKL was only RM4 millions. DBKL gave a “special discount” of RM36 millions! Why? Continue reading “Sime Darby paid RM40 millions or only RM4 millions to DBKL for the royalty payment for the Bukit Kiara Land?”
Now we hear about Sime Darby will take legal actions by year end to recover the RM2 billion losses due to mismanagement and wrong doings at its energy and utilities divisions. Why wait until year end? Was it another tactic to delay actions? Was it to protect some influential persons? Continue reading “The Sime Darby’s special audit reports should be tabled in Parliament for scrutiny”