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RM4 million poser

UPDATE (3.30pm): MPC has appointed two officials to investigate how I managed to obtain information about the dealings.

Here are the facts:

1. The Malaysian Paralympics Council (MPC) channeled RM4 million from its coffers to a company called Paralimpik Ventures Sdn Bhd.

2. A check with the Companies Commission of Malaysia shows the MPC president and his sons as the directors for Paralimpik Ventures.

3. MPC president claims the money is for a new building block which land has yet to be given by the government.

4. MPC has not held an AGM since 2005.

5. Council members are clueless over the supposed RM4 million 'investment'.

Read all about it in today's The Malay Mail.

HD says: Fact - It was supposed to be a commentary for my weekly column and as usual it was hijacked - yet again - by the newsdesk.

Comments

  1. hahaha..terbaik bro news ni..panas panas!

    ReplyDelete
  2. Hi! I over heard that some document that submmited to MACC were made up or fake. Also heard for this upcoming election some non member become member to allow them to vote. Top management in MPM also seem gearing up with a lot of altering document to suit the CEO interest especially Finance and Account reports before the EXCO review. Won't be surprise if Dato Zainal will be elect again even everyone know that he do nothing for Paralimpic Sport.

    ReplyDelete

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