Author: Curator

The $1.6 billion Co-operative Financial Scandal is the result of the greed, dishonesty of errant co-operative directors and officials and the irresponsibility and negligence of Co-operative Department, Bank Negara and Ministry of Finance

Speech by Parliamentary Opposition Leader, DAP Secretary-General, MP for Tanjung and Assemblyman for Kampong Kolam, Lim Kit Siang, at the first nation-wide mass meeting of co-operative depositors in Kuala Lumpur at Thean Hou Temple Hall, Kuala Lumpur on Sunday, 5.10.1986 at 8 pm.

The $1.6 billion Co-operative Financial Scandal is the result of the greed, dishonesty of errant co-operative directors and officials and the irresponsibility and negligence of Co-operative Department, Bank Negara and Ministry of Finance.

The DAP has decided to launch a nation-wide series of mass meetings for the 540,000 depositors of the 24 frozen co-operatives, so that the affected depsitors can let Cabinet, Parliament and the Government know their intense frustration and impatience at the protracted government delay to come out with a solution for the $1.6 billion Co-operative Finance scandal. Continue reading The $1.6 billion Co-operative Financial Scandal is the result of the greed, dishonesty of errant co-operative directors and officials and the irresponsibility and negligence of Co-operative Department, Bank Negara and Ministry of Finance

Has Pernas borrowed $200 million from a consortium of Japanese banks to part-finance its purchase of 51% UMBC stake from Daim Zainuddin’s family companies?

By Parliamentary Opposition Leader, DAP Secretary-General, MP for Tanjung and Assemblyman for Kampong Kolam, Lim Kit Siang, in Petaling Jaya on Saturday, Oct. 4, 1986:

Has Pernas borrowed $200 million from a consortium of Japanese banks to part-finance its purchase of 51% UMBC stake from Daim Zainuddin’s family companies?

It was announced yesterday that Pernas has acquired the 50.4% stake in UMBC shares owned by Daim Zainuddin’s family companies – Daan Sdn. Bhd and Dani Sdn. Bhd. Continue reading Has Pernas borrowed $200 million from a consortium of Japanese banks to part-finance its purchase of 51% UMBC stake from Daim Zainuddin’s family companies?

DAP suggests that the Penang State Assembly should elect Dr. Chandra Muzaffar as Senator to start the process to restoring the Senate as a serious, responsible and deliberative second Chamber of Parliament

By Parliamentary Opposition Leader, DAP Secretary-General, MP for Tanjung and Assemblyman for Kampong Kolam, in Penang on Saturday, 4.10.1986:

DAP suggests that the Penang State Assembly should elect Dr. Chandra Muzaffar as Senator to start the process to restoring the Senate as a serious, responsible and deliberative second Chamber of Parliament.

There is a vacancy for a Senator for Penang to be filled by the Penang State Assembly, and the DAP suggests that the State Assembly of Penang should set the political lead in Malaysia to start the process to restore the Senate as a serious, responsible and deliberative second Chamber of Parliament. Continue reading DAP suggests that the Penang State Assembly should elect Dr. Chandra Muzaffar as Senator to start the process to restoring the Senate as a serious, responsible and deliberative second Chamber of Parliament

Call on 540,000 depositors of 24 frozen co-operatives to turn up in full force at the first national mass meeting organised by DAP in Kuala Lumpur on Sunday to show to the Government and the new Parliament that they have come to the end of their patience

By Parliamentary Opposition Leader, DAP Secretary-General, MP for Tanjung and Assemblyman for Kampong Kolam, Lim Kit Siang, in Malacca on Friday, Oct. 3, 1986:

Call on 540,000 depositors of 24 frozen co-operatives to turn up in full force at the first national mass meeting organised by DAP in Kuala Lumpur on Sunday to show to the Government and the new Parliament that they have come to the end of their patience.

The DAP has decided to launch a nation-wide series of mass meetings on the 1.6 billion Co-operative Finance Scandal, starting with state-wide meetings before reaching out to every town and new village where there are people who have become victims of the co-operative finance scandal. Continue reading Call on 540,000 depositors of 24 frozen co-operatives to turn up in full force at the first national mass meeting organised by DAP in Kuala Lumpur on Sunday to show to the Government and the new Parliament that they have come to the end of their patience

Is a Government which is not prepared to take firm action against the criminals and crooks in the BMF, Co-operative Finance, Pan El and many other scandals qualified to instill moral values to prevent the occurrence of such scandals?

Press Conference (2) Statement by Parliamentary Opposition Leader, DAP Secreatry-General, MP for Tanjung and assemblymen for Kampong Kolam, Lim Kit Siang, in Penang on Tuesday, Sept.30, 1986:

Is a Government which is not prepared to take firm action against the criminals and crooks in the BMF, Co-operative Finance, Pan El and many other scandals qualified to instill moral values to prevent the occurrence of such scandals?

The Prime minister, Datuk Seri Dr, Mahathir Mohamed, told Malaysian students in New York yesterday that the government would require all Malaysian school-leavers to undergo physical and spiritual training to inculcate in them moral values, before they are employed or allowed to go for further studies abroad. Continue reading Is a Government which is not prepared to take firm action against the criminals and crooks in the BMF, Co-operative Finance, Pan El and many other scandals qualified to instill moral values to prevent the occurrence of such scandals?

DAP calls on Malayan banking to respect the cultural rights and sensitivities of the five million Malaysian Chinese and not be the first bank to close down a Chinese newspaper

Press Conference Statement by Parliamentary Opposition Leader, DAP Secretary-General, MP for Tanjung and assemblymen for Kampong Kolam, Lim Kit Siang, after submitting a protest note to Banking Chairman and directors at the Penang Maybank State headquarters on Tuesday, Sept.30, 1986 at 12 noon.

DAP calls on Malayan banking to respect the cultural rights and sensitivities of the five million Malaysian Chinese and not be the first bank to close down a Chinese newspaper.

I have sent a protest to the Chairman and Directory of the Malayan Banking,Penang State headquarters, to require the Malayan Banking that it should respect the cultural rights and sensitivities of the five million Malaysian Chinese, and not be the first bank to close down a Chinese newspaper. Continue reading DAP calls on Malayan banking to respect the cultural rights and sensitivities of the five million Malaysian Chinese and not be the first bank to close down a Chinese newspaper

DAP proposes that the Central Working Committees of DAP, MCA Gerakan hold a joint meting on Datuk Abdullah’s Singapore speech and the UMNO General Assembly Speeches

Speech by Parliamentary Opposition Leader, DAP Secreatry_General, MP for Tanjung and Assemblyman for kampong Kolam, Lim Kit Siang, at the Batu Branch reception to mark the party’s 20th Anniversary at Cheng Siew Chinese Primary School Hall, Batu Pahat, on Sunday, 28.9.1986 at 9 p.m.

DAP proposes that the Central Working Committees of DAP, MCA Gerakan hold a joint meting on Datuk Abdullah’s Singapore speech and the UMNO General Assembly Speeches.

After the August 3, 1986 general elections, UMNO leaders have been making extremist speeches and Statements which have greatly undermined national unity and aggravated racial polarization. Continue reading DAP proposes that the Central Working Committees of DAP, MCA Gerakan hold a joint meting on Datuk Abdullah’s Singapore speech and the UMNO General Assembly Speeches

Home Ministry’s three-month suspension of Asian Wall Street Journal and expulsion of its two correspondents high-handed, undemocratic and not calculated to make Dr. Mahathir’s investment mission to United States a success

Press Conference Statement by Parliament Opposition Leader, DAP Secretary-General, MP for Tanjung and Assemblyman for Kampong Kolam, Lim Kit Siang, at DAP PJ Headquarters on Saturday, Sept.27, 1986 at 11 a.m.

Home Ministry’s three-month suspension of Asian Wall Street Journal and expulsion of its two correspondents high-handed, undemocratic and not calculated to make Dr. Mahathir’s investment mission to United States a success.

The Home Ministry’s three-month suspension of Asian Wall Street Journal and the explusion of its two correspondents, John Berthelsen and Raphael Pura, are high-handed, undemocratic and not calculated to make the investment mission of the Prime Minister, Datuk Seri Dr. Mahathir Mohamed, to the United States a success. Continue reading Home Ministry’s three-month suspension of Asian Wall Street Journal and expulsion of its two correspondents high-handed, undemocratic and not calculated to make Dr. Mahathir’s investment mission to United States a success

The destiny of Malaysia must be controlled and decided not by any one race, but by all races that have made Malaysia their home

Speech by Parliamentary Opposition Leader, JAP Secretary-General, MP for Tanjung and Assemblyman for kampong Kolam, Lim Kit Siang, at the 20th DAP Anniversary Dinner at Rantau, Negeri Sembilan, on Saturday, 27th Sepot.1986 at 9p.m.

The destiny of Malaysia must be controlled and decided not by any one race, but by all races that have made Malaysia their home.

In today’s local press ( Sin Chew Jit Poh ), former Deputy Minister and the new MP for Kok Lanas, Datuk Abdullah Ahmad, retired the correctness of his Singapore speech on August 30, which had created such a great repercussion in Malaysian politics. Continue reading The destiny of Malaysia must be controlled and decided not by any one race, but by all races that have made Malaysia their home

DAP calls on the Government to provide an emergency interim $100 million rescue scheme to make partial pay-outs to needy depositors from Oct.8 to minimize hardships of the 540,000 depositors in the 24 co-operatives

Speech by Parliamentary Opposition Leader, Dap Secretary-General, MP for Tanjung and Assemblymen for Kampong Kolam, Lim Kit Siang, at the meeting of the DAP Co-Operatives scandal Committee held at DAP PJ Hqrs on Saturday, Sept.27, 1986 at 2 p.m.

DAP calls on the Government to provide an emergency interim $100 million rescue scheme to make partial pay-outs to needy depositors from Oct.8 to minimize hardships of the 540,000 depositors in the 24 co-operatives.

The establishment of the top-level Government Committee to find solution to the $1.6 billion Co-operative Finance Scandal is a great disappointment for the 540,000 depositors in the 24 affected co-operatives, for it means that the whole $1.6 billion Co-operative Finance Scandal is back to square one. Continue reading DAP calls on the Government to provide an emergency interim $100 million rescue scheme to make partial pay-outs to needy depositors from Oct.8 to minimize hardships of the 540,000 depositors in the 24 co-operatives