Wednesday, October 24, 2012

Gerakan Wants MB To Take Responsibility For Losses Incurred By KCB In PNG Investment

ALOR SETAR, Oct 24 (Bernama) -- Menteri Besar Datuk Seri Azizan Abdul Razak should take responsibility, instead of blaming others, for the huge losses suffered by a state-owned company, Kedah Corporation Berhad (KCB), in a project in Papua New Guinea (PNG). Gerakan Youth chief Tan Keng Liang said that Azizan, as the KCB chairman and chief executive of the state, should know the development of state-owned companies. "It is unfortunate and weird if Azizan does not know the details of the terms of agreement on share purchase and joint ventures signed by KCB and MAS Incorporated (PNG) Ltd (MAS) on Oct 12, 2008, because he was the witness. "He should lodge a police report if he suspects any abuse or misappropriation and not wait for two years until after the National Audit Department has issued its report. "Azizan should have informed the people about this or raised the matter at the State Assembly sitting, he told a media conference here today where Tan produced a photograph on the exchange of documents between KCB and MAS which was witnessed by Azizan at Wisma Darul Aman.  

tunku : who is the chairman of KCB? none other than our top qualified MB of Kedah,Azizan. if he had done his jod effectively none of this will occurs. when the big boss is sleeping all the time then people will take adavantage of the situation. so blame azizan on this.

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