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Saturday, October 29, 2011

SAS...who actually took the money?

TAWAU: Sabah Progressive Party (SAPP) will again raise the Saham Amanah Sabah (SAS) issue in the State Legislative Assembly (SLA) sitting in November and call for a white paper to reveal who was responsible for the shares losses amounting to RM500 million.

SAPP Women chief Melanie Chia said it was an issue which the Barisan Nasional (BN) had not tackled and Tawau people were talking on the issue.

"Last year in the April and August state assembly sittings, Datuk Liew Teck Chan tabled a motion for a white paper on SAS. It was first put in the agenda but in the sitting we had a technical knock-out. We assumed it would be discussed in the sitting but instead it was not discussed even after the government matters," she said yesterday at a press conference.

In August last year, she said SAPP submitted the same motion.

"This time because of media coverage, they allowed it to be tabled and discussed. They asked Datuk Raymond Tan to speak on behalf of the government. Only two persons from the state government spoke on the SAS and both were from PBS (Parti Bersatu Sabah). No one from Umno spoke," she said.

Melanie said Datuk Yee Moh Chai and Datuk Herbert Timbun repeatedly accused SAPP president Datuk Yong Teck Lee on what happened to the SAS shares.

"A white paper is the best avenue for the government to reveal. Did SAS really buy NBT shares? For so many years, Yee had been talking in the papers that because of NBT shares, the price of SAS dropped. Ordinary people cannot understand this so the best is to have a whitepaper to tell the people," she said.

She said the trip to Tawau made them realise that the people here had lost quite a sum of money in SAS, and they think that Yong had caused the shares to drop.

"We want to know, today we talk about government accountability ... transparency. They made a mockery in the state assembly when winding up and they chose Datuk Raymond Tan and he made a mockery of me and Liew," she said.

"We are not giving up. We are bringing this up again in the November sitting," she added.

Melanie also said SAPP hoped Sri Tanjong assemblyman Jimmy Wong would support and would be together on the issue in November.

"In February 2008 when Pakatan Rakyat launched its 2008 election manifesto in a hotel at Tanjung Aru, Lim Guan Eng and Dr Hiew King Cheu raised eight core issues and one of them was to fight corruption. It was implied that SAS was involved in corrupt practice. When we debated the issue in 2010, Sri Tanjung assemblyman Jimmy Wong said PR was neutral in the issue," she said.

"I said in the debate that if Yong was wrong, get MACC, 'tangkap dia', (catch him). They all kept quiet. Should we not know who the culprit is? The interesting thing during the debate was that not even one Umno member spoke," she said.

"Yee Moh Chai is in the government; he knows but is no talking. Why refer to old newspaper cuttings? You have hands-on information, why don’t you do it?" she asked, adding it could be done if the political will was there.

To a question on whether SAPP would reveal all if it formed the government, Melanie said SAPP would definitely do it if SAPP came into power. (Borneo Post)

45 comments:

  1. This concern public interest where life saving is lost. SAPP should get at least two SAS share holders and inniate a class action suit to ask the court to compell the stte government to establish a white paper to find out what and where actually went wrong. Not many people know about UMNO warlords profiting in this scam at the expense of the poor Sabahan investors. Don't be suprise if Maha Firaun is involved.

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  2. Agree to Apa Lagi. BN government will never agree to a white paper because UMNO have a lot to lose. They are afraid cans of worms will be revealed.If YTL is the real culprit BN would have not hesitate to establish a Royal Commission of Inquiry to whack YTL left, right centre and put him in jail forever killing his political career.

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  3. It is quite obvious that YTL is not the culprit. Those who bought shares with SAS should have a fairly good idea by now. YTL, has been made the fall guy. Apa lagi is correct, the shareholders should file a class action.

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  4. YTL sebenarnya punca SAS rugi, dia sengaja nak alihkan prhatian.

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  5. nampaknya isu SAS ini dibangkitkan lagi..

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  6. SAS kini kukuh semula pun kerana KM sekarang.

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  7. yang pasti adalah apa yang berlaku terhadap SAS adalah ketika YTL menjadi KM..

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  8. why YTL did not take legal action to YMC for accused him on what happened to the SAS shares?

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  9. masing-masing pun saling menyalahkan..tapi SAS bermasalah ketika YTL berkuasa dulu..

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  10. apa pun, rakyat pandai-pandailah menilai pekara ini..

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  11. Why this tropic was brought up again? Think the general election is just around the corner.

    The person incharged,Do not point fingers to others and explain what had been transpired during that time. Please let the people the truth.

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  12. why don't you just prepare the white paper? hope the real culprit revealed soon.

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  13. there is no use to raise the issue. hasilnya tetap sama juga tu.

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  14. The only way for YTL to exonerate himself is through a class action suit. Its now or never.

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  15. Issues already over and serve no purpose to bring up again. It's doesn't mean the people can claim their money back. Just close the case and move forward.

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  16. Carry on with the "white paper" if it is work. We need to know what happen.

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  17. Who should responsible for the losses? Yong?

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  18. "She said the trip to Tawau made them realise that the people here had lost quite a sum of money in SAS, and they think that Yong had caused the shares to drop."

    Berita sudah lama berlalu, sehingga kini keadaan masih sama seperti dulu. Jika Yong bersalah, tindakan perlu diambil. Jika tidak dan tiada bukti maka tidap perlu mengungkit cerita lama. Banyak lagi perkara lebih penting harus mengambil perhatian.

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  19. Go ahead with white paper to ginf out where the money went?

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  20. Not long ago many also thought Gaddafi was indeed a good leader.But then.....later....:-) Lol

    The truth is always there may need a bit more time tat is!

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  21. If really wanna solve the issue, carry on with white paper.

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  22. Its an old story, what is the objective to brought up such issue? To resolve the issue? Or To attack Yong?

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  23. Jika Yong yang menjadi sebab utama kegagalan SAS, maka buat siasatan terhadap Yong.

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  24. Why the government refuse to go with white paper? Are they trying to hide anything? Guess only they know what is happening.

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  25. Everybody pointing finger yet no action. Waste of time. Please go ahead and concentrate on other more important matter. The people out there are suffering. I see only white paper can reveal the truth.

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  26. I am a SAS share holder. I took a loan to buy the share at 1 ringgit per unit thinking it will not drop as guaranteed by the government. Now we lost our hard earn money so who do we blame. It is only logic that a white paper be established so that we can sue those guilty. Why is the UMNO government afraid if YTL is the culprit.

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  27. Kenapa lah makin dekat PRU makin banyak cakap pula org2 politik ni.. hhmm..

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  28. Siasatan harus dibuat jika benar si Yong ni punca kegagalan SAS atau sebaliknya dan bukannya asyik cakap saja..

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  29. Semoga kebenaran dapat didedahkan dan sementara itu kita tunggu saja perkembangan seterusnya.

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  30. tidak mustahil orang umno dan dap tidak sokong KERTAS PUTEH supaya mereka boleh terus menggunakan isu SAS berfitnah sama Yong.

    Inilah kerja setan dari parti malaya.

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  31. Simply put, if there is nothing to hide, why not agree to White Paper??? This is a big question and that is why SAPP is still pursuing this, in order to cleanse itself and to save Sabah from these corrupt BN politicians who robbed the investors' money thru insider trading.

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  32. tidak perlu bangkitkan hal yg suda selesai... lebih baik utamakan perkara yg lebih penting..

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  33. sudah terang bersuluh lagi... kan waktu itu YTL yg menjadi KM Sabah...

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  34. Hanya kaki pengampu umno tidak peduli kesusahan pelabur SAS dan tidak mahu isu SAS dibongkarkan sebab mereka tahu orang umno makan rasuah!

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  35. this matter is already settled..thanks to datuk musa...

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  36. Kalau sudah selesai tak payahlah bising-bising lagi nanti timbul masalah lain, padan muka.

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  37. Namun kalau masih tak puas hati terpulanglah... PRU kan masih ada so buatlah apa yang dirasakan patut.

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  38. This issue should definitely be raised. I'm sure everyone is curious about the truth to who is actually involved.

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  39. Neway, i tot it is obvious that YTL is connected to this issue.no?

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  40. Siapa yang makan cili, dialah yang merasa pedas.

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  41. If you want to know more about the lose RM500m just try to ask Yong Teck Lee. He know all about this.

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  42. Who actually took the money and actually approve the invest? So every one have they opinion. Just we wait and see what SAPP can do for issuing this SAS problem.

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  43. Terpulang kepada SAPP sekarang untuk mengatur langkah dan strategi mereka untuk PRU 13 ini. Tambahan lagi DAP yang sekarang cuba menyerang SAPP akan melemahkan pengurusan SAPP dan publisiti mereka.

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  44. YTL paling jelas dengan isu ini. Dialah yang terlibat dalam kes SAS.

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  45. Mereka yang terlibat tidak boleh menafikan perkara ini buat selama-lamanya. Kebenaran pasti akan didedahkan, tunggulah dan lihat.

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