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‘I didn’t order seizure of China company funds’

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KUALA LUMPUR: Lim Guan Eng has denied ordering the seizure of over RM1 billion from a Malaysian bank account of a Chinese state-owned company and tran...

: Lim Guan Eng has denied ordering the seizure of over RM1 billion from a Malaysian bank account of a Chinese state-owned company and transferring it to a company owned by the Finance Ministry.

“I would just like to say that the Ministry of Finance and myself, we did not issue any instructions of seizure . It said the order was issued to HSBC earlier this month to transfer the funds held in CPP’s account in Malaysia, to a company wholly-owned by the ministry, Suria Strategic Energy Resources Sdn Bhd .

 

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Guan Eng: Neither I nor Finance Ministry ordered seizure of RM1bil from CPP’s bank accountsKUALA LUMPUR: The Finance Ministry did not issue any instructions to seize more than RM1bil in funds from state-owned China Petroleum Pipeline Engineering Ltd (CPP), says Lim Guan Eng.
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Not my orders, Guan Eng says on RM1 bil transfer from China companyThe finance minister says neither he nor his ministry issued any such instruction. FMTNews LimGuanEng China
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