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09 June 2010

DAP wants PM referred to rights and privileges committee for misleading in sports betting issue

Tony Pua, the DAP Member of Parliament of Petaling Jaya Utara said that the party is demanding for Datuk Seri Najib Tun Razak, the prime minister to be referred to the Rights and Privileges Committee for allegedly misleading the Parliament on the sports betting license which were supposedly awarded to Tan Sri Vincent Tan, the Berjaya Group tycoon.

He said “The Finance Ministry had misled Parliament when in its written reply to a question it denied awarding a sports betting licence to Tan’s Ascot Sports Sdn Bhd. Berjaya Corporation, a public-listed company controlled by Tan, had confirmed that the Finance Minister has awarded the license to Ascot in a filing last month to Bursa Malaysia about its acquisition of Ascot Sports Sdn Bhd. This is in direct contradiction to what the finance minister had announced yesterday. It is a clear and direct contradiction. One of the terms announced by the Finance Minister yesterday was that public feedback was required. If public feedback was required I think Berjaya Group would have put that necessary announcement. However, they made no reference to that,”

He added that “We want the Finance Minister Datuk Seri Najib to clarify and state clearly if they have actually issued an approval and what are the conditions. The conditions could not have included public feedback. If he has then it is a serious breach of parliamentary privileges and I think there is no reason why he should not be referred to the Rights and Privileges Committee for this particular error. On the 12 of May when the announcement was made, Berjaya Corporation shares traded at its highest volume for the year. It traded at 44,680,000 shares. Highest for the year and that day the shares hit a high of RM1.72. Today after the Finance Minister’s announcement, the price is RM1.39. It has dropped by 19 per cent, who will bear the cost?”

Berjaya Group recently stated that “The Minister of Finance has given its approval for the re-issuance to Ascot of the license to carry out sports betting operations upon certain terms and conditions,”


Refer the case to utter most level
Being a Chairman of a listed company
He should not be making misleading statement and be scot free,

If every Listed Company Chairman are to make misleading statement,
Just to manipulate the share market.
This will cause heavy consequences to the stock market as a whole.

It's a Drama country,
Full of craps...
How do we believe the words of our Leaders.

Do you think anyone with a right mind will think that this corrupted and lying UMNO head can be brought before the Rights and Privileges Committee for allegedly misleading the Parliament? We are talking of a blooming SOB! Those assholes sitting in the committee, especially from the BN side have all their balls tightly squeezed by this evil man!

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