MCA central committee member Chua Tee Yong today said that DAP representatives had shot themselves in the foot by contradicting each other.
This, he said, was true after Petaling Jaya Utara MP Tony Pua claimed that BN had made no effort to recover debts owed to the Selangor government by Talam Corporation.
However, Selangor exco member Teresa Kok (left) had claimed that the state government had to abide by settlement agreements initiated by the BN government in its larger Talam debt settlement deal, said Chua.
“I must thank Teresa Kok for informing the public about the agreements because what she has disclosed proves that the Pakatan government is misleading and lying to the people,” he told a press conference at the MCA headquarters this morning.
Chua had earlier accused the Selangor government of overpaying RM1.89 million for five office lots at Menara Pandan.
Kok then rebutted Chua, saying he was comparing the transaction price in 2006 with an auction price in 2010, adding that the deal was signed in 2006 under the BN-led state government.
The deal was a settlement between Pendidikan Industries YS, which owns and runs Universiti Selangor (Unisel), and Maxisegar, a subsidiary of Talam Corporation, as Maxisegar was indebted to Unisel and this debt was part of the greater Talam debt recovery exercise totalling RM392 million owed to Selangor.
Further to this, Kok had revealed that the deal included the 1,715.9 acres of land in Bestari Jaya which was laid out in a settlement dated July 29, 2005.
Also included was another supplemental agreement dated March 8, 2007, involving 12 acres of land in Puncak Jalil at RM11 million, 400 acres of land at Ulu Yam for RM27.2 million and an additional 538.96 acres of land in Bestari Jaya for RM43.117 million.
Zooming in on the 2007 agreement, Chua rebutted Kok's claim that the state government, in its greater Talam settlement, had to abide by these agreements, claiming that they had already expired when Selangor went ahead with the full RM392 million settlement in 2010.
"Based on the agreement dated March 8, 2007, the validity of the agreement is, the latest until March 8, 2008. As such, in 2010, when the Pakatan government and Talam entered into a new agreement, they were not bound by the previous agreement," he said.
The fact that Talam in the 2010 settlement had to seek the approval of its shareholders indicated that the previous agreements had expired.
Chua called on Kok to disclose to full details of these previous agreements to rebut his assertion.
"If not, claims by Kok that the Pakatan government of Selangor is bound by the agreement signed by BN is false, misleading and merely twisting facts," he added.
