Anwar Ibrahim’s RM3 Billion Fund and Master Accounts Part 3 October 10, 2009Posted by malaysianstory in A New Chapter, Anwar Ibrahim, Malaysian Story, Pakatan Rakyat.
Tags: Anwar Ibrahim, Malaysian Story, RM3 Billion Fund
… continue from Anwar’s RM3 Billion Funds and Master Accounts Part 2
APPC organised “The Pacific Dialogue” conferences under the Patronage of Datuk Seri Anwar Ibrahim. The First Pacific Dialogue was held in Penang sometime in November 1994. The Second Pacific Dialogue was held in January 1996, the Third Pacific Dialogue in November 1996 and the Fourth Pacific Dialogue in January 1998. There was supposed to be a Fifth Pacific Dialogue to be held in December 1998 but it was cancelled because the Patron was no longer the Deputy Prime Minister and Finance Minister of Malaysia. All the Pacific Dialogue conferences were held in Malaysia because Datuk Seri Anwar Ibrahim was the major source of funding for APPC.
11. In what I strongly believe as tantamount to a betrayal of public trust, Datuk Seri Anwar Ibrahim also insisted that APPC should manage BNM’s reserves of RM50 Billion and the EPF fund in return for the Services provided to him by APFC. Alternatively a hefty fee of USD 3 Million was to be paid annually to APPC for the cost of running the Centre in Washington. Fortunately this instruction of Datuk Seri Anwar Ibrahim for APPC to manage the above funds was never put into effect. What I have stated above goes to prove without doubt that Datuk SeriAnwar Ibrahim was indeed an unscrupulous leader who was prepared to sacrifice the country’s coffers for the benefit of its political ambition with the help of foreign element. The current developments that are taking place in the country which threatened the public peace and well being of the Rakyat to further Datuk Seri Anwar Ibrahim’s political ambition are ample proof to support this assertion.
12. 1 was also directed by Datuk Seri Anwar Ibrahim, then already appointed as the Finance Minister, to assist the following persons to clear their debts as described below:
(a) Datuk Seri Anwar Ibrahim instructed me to help settle the debt of Tan Sri Abdullah Ahmad (now the permanent representative to the United Nations) with Bank Bumiputra of more than 10 Million. I helped to negotiate the settlement amount of RM7 Million. An amount, of RM5 Million was taken from the Master Account to help pay the debt. The balance of RM2 Million came from Tan Sri Ahmad Abdullah from the sale of his land.
(b) Datuk Seri Anwar Ibrahim instructed me to help settle Puan MarinaYusof’s debt with local banks amounting to more than RM20 Million. I presented her application to the Tabung Pemulihan Usahawan (TPU) for assistance to develop her land along Jalan Tun Razak, on which is now the completed Complex Marinara. The TPU panel approved her application. Puan Marina Yusof is extremely grateful to Datuk SeriAnwar Ibrahim.
(c) Penang based Mercury Securities owed MUI Bank more than RMI0 million secured by a 3rd party land charge. The majority shareholder is Chew Seng Guan and one Encik Ahmad Kamal whom Datuk Seri Anwar Ibrahim groomed to be up-and-coming Bumiputera businessman and politician. I subsequently helped to arrange for the sale of the land to Matang Emas Sdn. Bhd. a company owned by Encik Taib Hamid, the sale of which incidentally also sorted out some of Encik Taib Hamid’s personal problems. The same piece of land was later sold to TPPT Sdn Bhd by Encik Taib for a low cost housing project which is now known as Taman Tun Perak.
(d) Datuk Seri Anwar Ibrahim instructed me to help Dato’ NazriAbdullah’s Group to take over NST Group from Renong. I sought the assistance of Hong Leong Group to structure the deal. I spoke to Seow Lun Hoo and Quek Leng Chan of Hong Leong. They proposed that Dato’ Nazri’s Group use MRCB as vehicle to take over the shares of NST. I then spoke to Maybank to arrange a loan for Dato’ Nazri to buy into MRCB and another loan for MRCB to buy into NST.
(e) I was directed by Datuk Seri Anwar Ibrahim to help Encik Faiz Abdullah (Datuk Seri Anwar Ibrahim’s ghost writer), together with Seow Lun Hoo of Hong Leong to buy into Kewangan Usaha Bersatu Berhad (KUBB), then owned by ldris Hydraulic Berhad. The scheme involved using Arus Murni Berhad formerly known as Timuran Berhad, a company listed on the Main Board of the KLSE as the holding company. I approached the following banks to help syndicate the loan for the purchase of KUBB shares costing above RM400 million: 1. Hong Leong Bank. 2. Hong Leong Finance. 3. Sime Bank 4. RHB Bank. 5. Southern Bank. 6. BSN Commercial Bank. Faiz Abdullah is a verv clever ghost writer and political operator for Datuk Seri Anwar Ibrahim. He is also a lawyer, ex-joumalist and ex-SpecialBranch police officer.
13. My involvement with Tong Kooi Ong and “Master Account” in Furtherance of Datuk Seri Anwar Ibrahim’s instructions landed me in trouble with the law. On 16th September 1999 1 was charged with failing to disclose truthfully information on Ben Harta Sdn Bhd shares and 51 of its properties allegedly held for my benefit totalling RM23.9 million.
14. 1 must state that I never knew the two gentlemen purportedly to be the shareholders of Ben Harta Sdn Bhd i.e Gan Hong Sin @ Lan Hong Sing and Gan Sor Ting. Tong Kooi Ongdid indicate to me that this company holds properties and shares as part of the scheme to raise funds for Datuk Seri Anwar. I have never been shown or seen the books of the Master Account handled by Tong Kooi Ong. I am not aware of any shares held by Ben Harta on my behalf, nor the locations of the 51 properties allegedly also held on my behalf, except one (1) apartment and one (1) bungalow which I was entrusted to maintain for purpose of investment and to be later sold for the Master Account.