By Parliamentary Opposition Leader, DAP Secretary – General, MP for Tanjung and Assemblyman for Kampong Kolam, Lim Kit Siang, in Malacca on Friday, 26.9.1986:
DAP has no confidence in the six-man advisory committee for the high-powered government committed on the 24 co-operatives and calls for various rescue proposals for the 24 co-ops to be made public to the 540,000 depositors.
The 540,000 depositors were led by MCA and Gerakan leaders to believe that Deputy Prime Minister, Ghaffar Baba, would yesterday announce details of the government plan to protect the $1.6 billion deposits of the 540,000 depositors in the 24 co-operatives, but instead, Ghaffar Baba merely announced the setting up of another government committee to study the problem. Continue reading DAP has no confidence in the six-man advisory committee for the high-powered government committed on the 24 co-operatives and calls for various rescue proposals for the 24 co-ops to be made public to the 540,000 depositors