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.
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.