Guan Eng should stop claiming he helped settle RM630mil loan, says Donald Lim
PETALING JAYA: The DAP-run Penang Government was only able to record a positive budget because it shifted its RM630mil debt to the Federal Government, said the Finance Ministry.
Deputy Minister Datuk Donald Lim, who disclosed this, said it was wrong for Chief Minister Lim Guan Eng to mislead the public into thinking that the state had settled the loan on its own.
The deputy minister explained that the state debt was actually transferred to the Federal Government following a water restructuring agreement that was initiated even before Pakatan Rakyat came to power in Penang.
Under the rationalisation scheme, the state must pay interest-free rental of RM14.6mil annually for a period of 45 years, he said.
Lim said this in response to Guan Eng's claim that the Penang government had successfully reduced its debt by 95% from RM630mil in March 2008 to RM30mil in Oct last year through prudent and transparent financial management.
Guan Eng had said in an article uploaded on his blog that it was the highest debt reduction recorded in a state in Malaysian history.
Lim said Guan Eng should stop claiming credit that he has helped deplete the hefty loan.
“Guan Eng has not generated such a high revenue to pay off the huge debt within such a short period of time,” he added.
Lim said Guan Eng should be ashamed for telling half-truths for cheap political mileage.
“It goes to show that Guan Eng's Competency, Accountability and Transparency policy is a mere gimmick,” he added.
According to the Finance Ministry, Penang's outstanding loan of RM655.25mil owed to the Federal Government was rationalised by alienating state land-related water assets to Perbadanan Bekalan Air Pulau Pinang (PABB).
PABB, a state-owned company, entered into a water restructuring agreement with the Federal Government via Pengurusan Aset Air Bhd (PAAB) on June 2 last year.
Under the agreement, PAAB will become water asset owners after buying the water infrastructure from the states.
In exchange for these assets, PAAB will assume Penang's outstanding Federal water supply loans of an equivalent sum.
By SIRA HABIBU
PERPADUAN PEMBANGKANG DI SABAH AKAN MELUMPUHKAN JENTERA BN DAN MENGHAPUSKAN SAMASEKALI KERAJAAN umno/BN DI SABAH....!!!
ReplyDeleteINILAH SEMANGAT KEBANGKITAN KITA....
HIDUP BORNEO...!!!!
HIDUP BORNEO...!!!!!!!
HIDUP BORNEO....!!!!!!!!!!!
Don't think DAP would want to cooperate with other opposition parties.
Deleteadakah perpaduan pembangkang di sabah? tu SAPP sudah terang mahu 2/3 kerusi sabah...lain2 parti pembangkang dapat habuk saja..
DeleteTiada saya tahu perpaduan pembangkang di Sabah.
Deletesemua pembangkang pun sama. masing2 mahu mendapatkan kepentingan sendiri. DAP lagilah ego dan back stabbers.
DeleteDAP Lim should tell the truth.
ReplyDeletePenang pun ada loan dengan Federal? Negeri pembangkang pun kena loan dari Federal, sangkakan boleh manage sendiri
ReplyDeletekerajan negeri kena juga minta bantuan persekutuan, negeri pembangkang tidak terkecuali.
Deleteapa pun behenti la daripada buat gimik.
ReplyDeleteLim guan eng has been proven a liar..if he takes credit for cnverting state loan into grants then he sould take full responsibility when penag gdp dropped a whopping 10 percent in 2009....
ReplyDeleteLGE is a liar. All the party malaya UMNO and DAP must be kicked out from Sabah for good this time!
ReplyDeletekita tunggu dan lihat pada pru13 nanti..
DeleteSABAH BASHING BY MALAYANS IN PROGRESS AT MALAYSIA CHRONICLE...
ReplyDeleteThey want to continue telling us what to do!
See this link
http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=26803:the-dragon-favours-the-bold-pkrs-william-leong-tells-sabahan&Itemid=2
The truth should be told to the public.
ReplyDeleteya...bukannya membuat gimik..
DeleteIt is up to the public to accept what is told.
ReplyDeleteWe should not be easily influenced.
ReplyDeletejangan mudah terpengaruh..
DeleteMatters concerning the state should be properly investigated before propagating.
ReplyDeleteEnough is enough…we call for justice.
ReplyDeleteDoes justice exist?
DeleteDAP should shut their mouths, without the federal they can't survive. Useless..
ReplyDeleteDAP juga harapkan bantuan persekutuan untuk hidup. jd jgnlah terlalu hentam kerajaan.
DeleteDAP mahu jadi hero saja...di sini sabah pun DAP cuba mahu jadi hero di kk..
DeleteMemang kena kenal DAP KK macam mana
Deletekalau boleh, memang DAP mahu kuasai semua negeri di Malaysia.
DeleteThis will come to the worse if DAP still goes one claiming they earn a good record. Of course, they are lying without even noticing it.
ReplyDeleteIs it that hard to tell the truth?
ReplyDeleteYes it is. Especially when the person is not-so-right.
DeleteI really thought DAP was so good that they have done fantastic jobs. It looks like Federal government repossessed the water projects and the land which was how the loan was cleared.How can we ever trust DAP in Sabah? Hiew and Wong?
ReplyDeleteI really thought DAP makes a good government,i guess i thought wrong. Maybe its best that DAP don't contest at all in sabah.
DeleteSome people like to twist the fact for his/her own benefits.
DeleteDAP sabah also cannot be trusted...
DeleteWhat a big liar!
ReplyDeleteHe gave a bad name for DAP. We shouldn't trust DAP that easy anymore.
ReplyDeleteLying to the people will only make the people hate you. I wonder whether DAP is actually sincere all this while.
ReplyDeletePoliticians are all about politics. And politic is full of lies.
DeleteHalf truth is not a truth at all.
ReplyDeleteMislead the public when you guys keep betting each other and nothing comes out.
ReplyDeleteGuan Eng? None of my business.
ReplyDeletePembangkang memang mcm tu.
ReplyDeletesentiasalah bercakap benar dan jangan menipu.
ReplyDeleterakyat pandai-pandailah menilai apa yang berlaku.
ReplyDeletepolitik memang susah diramalkan..jadi rakyat buatlah pilihan yang tepat.
ReplyDeletePatut maju rupanya banyak hutang dengan kerajaan Persekutuan,.
ReplyDeleteItulah yang dirancang oleh DAP sebenarnya dan sebab itulah DAP cuba mencari kawan politik melayu untuk mendapat sokongan dari kaum malayu.
ReplyDeletePasti banyak yang dirancang oleh DAP bagi memastikan DAP dapat menguasai Malaysia. Sebenarnya itu sungguh mustahil kerana tanpa ada sokongan dari PKR dan PAS, DAP tidak akan berjaya untuk semua tiu.
ReplyDeleteRakyat perlulah bijak menilai parti mana yang sesuai untuk memerintah Negara kita. Kerana jika tersilap langkah kata orang terlajak perahu boleh diundur tapi kalau tersilap langkah nahas jadinya.
ReplyDeleteBN Sabah teruskan usaha mengekalkan usaha membantu penduduk Sabah. Jangan biarkan rakyat terus duduk diam tanpa ada pembelaan. Bantulah mereka jika inginkan sokonga padu dari penduduk Sabah.
ReplyDeleteSomeone is jealous of Lim Guan Eng's success with the Penangnites.
ReplyDeleteDAP indeed proven a good result via Penang. MAy be another Penang in Sabah too.
ReplyDeleteSejauh mana Lim boleh dipercayai, masing-masing menilaikannya.
ReplyDeleteSusah untuk rakyat menilaikan siapa yang betul. Walaubagaimanapun, perjuangan dan keutamaan rakyat harus diteruskan.
ReplyDeleteWe can't judge based on two people comments. Its all hard to predict and jusge as there must be some hidden matter that the people may not know.
ReplyDeleteDAP dan BN, adakah BN sanggup memberi loan kepada negeri pembangkang? Tidak logik juga.
ReplyDeletebetul tu, tidak logik betul, harap ada penjelasan dari pihak yang lain.
DeleteBetul ke Lim berbuat demikian dan persekutuan memberi laluan untuk berbuat demikian? Susah untuk dipercayai.
ReplyDeleteSusah untuk menilai siapa yang betul dan siapa yang tidak.
ReplyDeleteBut Penang running good as we can see. May be misleading of information in between.
ReplyDeleteDAP indeed better than what we expecting. Penang has proven with result.
ReplyDeletePembangkang mengambil loan dari persekutuan? adakah ini benar dan logik?
ReplyDeleteini bukanlah menunjukkan bahawa kerajaan DAP telah berjaya melangsaikan hutang tersebut sebaliknya hanyalah mengalihkan hutang tersebut sahaja...
ReplyDeleteIni lagi cerita kosong dari DAP..
ReplyDeleteBetulkh cerita ini,sukar untuk dipercayai..
ReplyDeleteBoleh percaya kh DAP ini... maam tidak logik pula..tapi kalau betul ok jg tu,
ReplyDelete