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Ka Ting's 'plan' for RM1.6b assets questioned |
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Posted by admin
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Thursday, 09 October 2008 08:49 |
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(NST) MCA member Datuk Theng Book, who shot to fame this year with his "snoop squad" allegation aga-inst outgoing president Datuk Seri Ong Ka Ting, is at it again.
This time, he is alleging that Ong is using his last days to force the party's central committee to approve the setting of a Central Board of Trustees (CBOT) that will oversee and manage all party assets, said to be worth up to RM1.6 billion. The jewel in the crown is Huaren Holdings (Malaysia's leading Chinese investment company), which among others, owns The Star. Theng, who is gunning for a place on the new central committee (CC) said he was made aware of Ong's plan when a current CC member gave him a copy of the proposal.
"All party assets are currently managed by the party's presidential council. But if the CBOT is set up, that would no longer be the case.
"According to the proposal, members of the CBOT are elected by the central committee and must be independent from the presidential council," said Theng.
Theng questions the urgency for the proposal to be passed.
Also present at the press conference was Chang Aik Ming, another central committee member hopeful, who is presidential candidate Datuk Chua Jui Meng's special task force secretary.
Theng and Chang said if elected, they would revamp the CC into an internal watchdog against the presidential council.
They also used the press conference to smear presidential candidate Datuk Ong Tee Keat.
They referred to a poison pen letter which claimed Tee Keat owned 17 undeclared properties worth up to RM21 million.
"There is nothing wrong with owning those properties. However, he must come out and declare them."
Chang also alleged that Tee Keat had been sending out invitations to his functions to delegates using the Transport Ministry letterhead.
In an immediate response, Tee Keat slammed Theng, saying that as a lawyer he should understand that one is innocent until proven guilty.
"The party who issued the poison pen letters should prove the allegations. Is it fair to ask the target of such letters to prove his or her innocence? One must be able to substantiate the claims," Tee Keat said.
"Furthermore, I have made periodic assets declarations to the government. If my income does not commensurate with what I've earned, they would have spotted it."
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